Policemens Annuity and Benefit Fund of Chicago
Recent News About Policemens Annuity and Benefit Fund of Chicago View More
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Analysis: Policemen's Annuity and Benefit Fund of Chicago would go bankrupt in four years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Policemen's Annuity and Benefit Fund of Chicago would have lost $911,546,077 in 2018, according to a Chicago City Wire analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Policemen's Annuity and Benefit Fund of Chicago earns $91,938 per year
The Policemen's Annuity and Benefit Fund of Chicago had 12,177 active participants receiving an average salary of $91,938 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Policemen's Annuity and Benefit Fund of Chicago would go broke in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Policemen's Annuity and Benefit Fund of Chicago lost $576,989,327 in 2016, according to a Chicago City Wire analysis of the latest data reported to the Illinois Department of Insurance Pension Divisio
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Rankings: 8 best funded pensions in Chicago
Chicago have government pension funds with the highest funding levels in Chicago, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Chicago has government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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Policemen's Annuity and Benefit Fund of Chicago met April 27.
Policemen's Annuity and Benefit Fund of Chicago met at 9 a.m. Thursday, April 27.
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Policemen's Annuity and Benefit Fund of Chicago met March 28.
Policemen's Annuity and Benefit Fund of Chicago met at 9 a.m. Thursday, March 28.
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Projection: Chicago's police pension fund will be broke in 2021
Without a taxpayer bailout, Chicago’s police pension fund won’t have enough money to pay benefits to retirees in 2021, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.