Cook County Pension Fund Financial Snapshot


The Funds' performance reflects an environment where the S&P 500 Index returned +22% in 2017

Cook County Fund As of 12/31/2017
General Information
Fund Size

$10.4

billion

New Retirements During 2017 839
   
Retiree Membership Information
Retired Annuitants 15,488
Annuitant Beneficiaries 2,729
Average Annuitant Annuity $40,435
Average Annuitant Age 72.1
   
Employee Membership Information
Active Employee Members 20,349
Average Employee Salary $77,030
Average Employee Age 47.7
Benefit Payments
Annuity Benefits $713.5 million
Health Benefits $65.4 million
Refunds $33.0 million
Disability Benefits $11.5 million
Sources of Income
Investment Income $1.4 billion
Employer Contributions $559.2 million
Employee Contributions $138.8 million
Annuitant Healthcare Benefits Contributions $46.7 million
*2017 Funded Ratio 60.1%
*2016 Funded Ratio 56.7%
Forest Preserve Fund As of 12/31/2017
General Information
Fund Size $210.4 million
New Retirements During 2017 25
   
Retiree Membership Information
Retired Annuitants 381
Annuitant Beneficiaries 146
Average Annuitant Annuity $30,566
Average Annuitant Age 72.0
   
Employee Membership Information
Active Employee Members 548
Average Employee Salary $64,011
Average Employee Age 45.9
Benefit Payments
Annuity Benefits

$15.9

million

Health Benefits

$1.9

million

Refunds $0.6 million
Disability Benefits $0.2 million
Sources of Income
Investment Income

$31.0

million

Employer Contributions

$3.5

million

Employee Contributions

$3.3

million

Annuitant Healthcare Benefits Contributions $1.3 million
*2017 Funded Ratio 61.7%
*2016 Funded Ratio 60.0%
 
*The funded ratio is based on the Actuarial Valuation Report.