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Kane County Reporter

Tuesday, August 5, 2025

Report: Elburn Police Pension Fund gained $23,031 in investment income in 2016

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After projecting its investments would grow by 5.00 percent, the Elburn Police Pension Fund netted 2.26 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report detailing the health of each of the pension funds shows the Elburn Police Pension Fund's had $921,107 in investment assets last year. It paid $2,260 in investment expenses and gained $23,031 in investment income.

Pension funds and retirement systems set actuarial assumptions to project returns on investments to cover obligations to pensioners. When they fall short, the difference has to be made up from other sources – primarily from taxpayers and member contributions.

Elburn Police Pension Fund investment performance
20122013201420152016
Investment assets$333,213$462,009$643,417$811,402$921,107
Investment expenses$8$0$24$1,952$2,260
Investment income$0$0$3,129$31,757$23,031
Net investment income to assets0.00%0.00%0.48%3.67%2.26%
Actuarial assumption5.00%5.00%5.00%5.00%5.00%

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