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 |
838 |
| |
|
| 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 |
$47.5 million |
| Refunds |
$33.0 million |
| Disability Benefits |
$11.5 million |
| Sources of Income |
| Investment Income |
$1,399.6 mbllion |
| Employer Contributions |
$559.2 million |
| Employee Contributions |
$138.8 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 |
$1.3
million
|
| Refunds |
$0.6 million |
| Disability Benefits |
$0.2 million |
| Sources of Income |
| Investment Income |
$30.5
million
|
| Employer Contributions |
$3.5
million
|
| Employee Contributions |
$3.3
million
|
| |
|
| *2017 Funded Ratio |
61.7% |
| *2016 Funded Ratio |
60.0% |
*The funded ratio is based on the Actuarial Valuation Report.