Aurora Police Pension Fund
Recent News About Aurora Police Pension Fund
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Report: Aurora Police Pension Fund lost $6,847,159 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Aurora Police Pension Fund lost 3.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Aurora Police Pension Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Aurora Police Pension Fund would have lost $23,273,680 in 2018, according to a Kane County Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Aurora pays $4.27 for every $1 pensioners contribute to Aurora Police Pension Fund
Taxpayers contributed 81 percent of the $18,009,686 the Aurora Police Pension Fund brought in 2018, or $4.27 for every $1 from pension members.
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Report: 52.4% of Aurora Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.4 percent of the Aurora Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Aurora Police Pension Fund gained $11,703,405 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Aurora Police Pension Fund netted 5.91 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Aurora Police Pension Fund earns $102,364 per year
The Aurora Police Pension Fund had 291 active participants receiving an average salary of $102,364 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Aurora pays $3.44 for every $1 pensioners contribute to Aurora Police Pension Fund
Taxpayers contributed 77.5 percent of the $15,057,385 the Aurora Police Pension Fund brought in last year, or $3.44 for every $1 from pension members.
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Report: 55.2% of Aurora Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55.2 percent of the Aurora Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Kane County pension funds: Where do taxpayers contribute most?
Government pension funds in Aurora, Elgin and Carpentersville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Aurora, Elgin and Carpentersville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in Kane County
Elburn, Sugar Grove and Hampshire have government pension funds with the lowest funding levels in Kane County, according to the Illinois Department of Insurance.
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[CORRECTION] Analysis: Kane County fire, police pension funds paid out $53 million, made $2 million on investments in 2016
Thirty-four of the 35 Kane County police and fire pension funds paid out a total of $53,761,339 in benefits to 966 retirees and inactive recipients in 2016 while gaining $2,148,587 on their investments, according to a Kane County Reporter analysis of the funds' mandated financial filings with the Illinois Department of Insurance.