Geneva Police Pension Fund
Recent News About Geneva Police Pension Fund
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Report: Geneva Police Pension Fund gained $1,826,530 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Geneva Police Pension Fund netted 7.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Geneva pays $4.07 for every $1 pensioners contribute to Geneva Police Pension Fund
Taxpayers contributed 79.8 percent of the $1,711,492 the Geneva Police Pension Fund brought in 2018, or $4.07 for every $1 from pension members.
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Report: 54.8% of Geneva Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.8 percent of the Geneva Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Geneva Police Pension Fund Board of Trustees met August 1.
Geneva Police Pension Fund Board of Trustees met Wednesday, Aug. 1.
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Report: Geneva Police Pension Fund lost $298,750 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Geneva Police Pension Fund lost 2.12 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 Geneva Police Pension Fund earns $89,446 per year
The Geneva Police Pension Fund had 35 active participants receiving an average salary of $89,446 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Geneva pays $3.13 for every $1 pensioners contribute to Geneva Police Pension Fund
Taxpayers contributed 75.6 percent of the $1,513,814 the Geneva Police Pension Fund brought in last year, or $3.13 for every $1 from pension members.
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Analysis: Geneva Police Pension Fund would go broke in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Geneva Police Pension Fund lost $1,623,234 in 2016, according to a Kane County Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 55.7% of Geneva Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55.7 percent of the Geneva Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: These 3 Kane County pension funds sustain themselves without subsidies
Pension funds in Sugar Grove, Carpentersville and Batavia could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: Which Kane County pension funds would go bankrupt fastest without subsidies?
Pension funds in Elgin, Aurora and Batavia would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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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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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.
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Geneva Police Pension Fund Board of Trustees will meet April 20.
Geneva Police Pension Fund Board of Trustees will meet at 9 a.m. Wednesday, April 19
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Geneva Police Pension Fund Board of Trustees reviews COLA increases
Geneva Police Pension Fund Board of Trustees reviews COLA increases at its meeting this morning.