Cook County Pension Fund Financial Snapshot

The Funds' performance reflects an environment where the S&P 500 and BC Aggregate Bond Index returned <1.5% in 2015

Cook County Fund As of 12/31/2015
General Information
Fund Size $8.6 billion
New Retirements During 2015 1,006
   
Retiree Membership Information
Retired Annuitants 14,922
Annuitant Beneficiaries 2,675
Average Annuitant Annuity $37,222
Average Annuitant Age 71.6
   
Employee Membership Information
Active Employee Members 21,596
Average Employee Salary $72,811
Average Employee Age 47.1
Benefit Payments
Annuity Benefits $633 million
Health Benefits $51 million
Refunds $33 milion
Disability Benefits $10 million
Sources of Income
Investment Income -$22 million
Employer Contributions $187 million
Employee Contributions $138 million
*2015 Funded Ratio 55.39%
*2014 Funded Ratio 57.51%
Forest Preserve Fund As of 12/31/2015
General Information
Fund Size $192.3 million
New Retirements During 2015 14
   
Retiree Membership Information
Retired Annuitants 383
Annuitant Beneficiaries 146
Average Annuitant Annuity $28,855
Average Annuitant Age 71.3
   
Employee Membership Information
Active Employee Members 568
Average Employee Salary $56,352
Average Employee Age 44.7
Benefit Payments
Annuity Benefits $15.1 million
Health Benefits $1.7 million
Refunds $0.6 million
Disability Benefits $0.02 million
Sources of Income
Investment Income $2.5 million
Employer Contributions $3.5 million
Employee Contributions $2.7 million
*2015 Funded Ratio 60.02%
*2014 Funded Ratio 60.25%
 
*The funded ratio is based on the Actuarial Valuation Report.