State Data » Illinois » Chicago Police » Chicago Police

Chicago Police Basics

  • Established 1921
  • Currently open to new hires
  • Plan covers police and/or fire
  • Plan members not covered by Social Security
  • Single employer

Assets, Participants, and Benefits

Assets at Year-End, Chicago Police, 2003-2022

Fiscal Year Net Assets (billions)
2003 3.69
2004 3.87
2005 3.95
2006 4.19
2007 4.33
2008 3.00
2009 3.33
2010 3.44
2011 3.18
2012 3.21
2013 3.27
2014 3.06
2015 3.06
2016 2.87
2017 3.12
2018 2.91
2019 3.16
2020 3.44
2021 3.85
2022 3.49

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

Number of Actives per Annuitant, 2001-2022

Fiscal Year Chicago Police US State and Local Pensions
2001 1.2 2.4
2002 1.2 2.3
2003 1.2 2.2
2004 1.1 2.1
2005 1.1 2.1
2006 1.1 2.0
2007 1.1 2.0
2008 1.1 1.9
2009 1.1 1.9
2010 1.0 1.8
2011 1.0 1.7
2012 0.9 1.6
2013 0.9 1.5
2014 0.9 1.4
2015 0.9 1.4
2016 0.9 1.4
2017 0.9 1.4
2018 1.0 1.3
2019 1.0 1.3
2020 0.9 1.3
2021 0.9 1.2
2022 0.8 1.2

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for Chicago Police, 2007-2022

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll
2007 16.4 13.7 27.4 30.1
2008 16.9 14.2 27.9 31.1
2009 17.0 16.6 29.2 33.6
2010 16.6 18.0 31.2 34.7
2011 16.8 22.1 33.5 38.9
2012 19.5 23.0 34.0 42.5
2013 17.7 29.0 34.7 46.7
2014 16.6 29.2 34.5 45.8
2015 53.0 19.3 40.0 72.3
2016 24.5 45.7 38.9 70.2
2017 43.0 36.2 39.6 79.2
2018 48.9 27.8 39.1 76.7
2019 47.4 28.6 39.4 76.0
2020 61.9 24.9 40.1 86.8
2021 62.7 20.6 40.4 83.3
2022 63.0 22.2 40.5 85.2

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Actuarial Funding

Actuarial Funded Ratio for Chicago Police, 2001-2022

Fiscal Year Chicago Police National Data
2001 70.5 101.7
2002 64.6 94.6
2003 61.4 88.8
2004 55.9 87.0
2005 50.7 85.4
2006 50.4 85.2
2007 51.5 86.3
2008 48.3 84.4
2009 44.5 78.4
2010 40.4 75.7
2011 36.2 74.3
2012 31.3 72.3
2013 29.7 71.8
2014 26.1 73.2
2015 28.2 73.2
2016 23.7 71.6
2017 23.7 72.0
2018 23.8 72.4
2019 22.3 72.5
2020 23.1 72.6
2021 24.0 75.8
2022 23.8 76.2

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Investments

Asset Allocation for Chicago Police, 2022

Category Percent
Equities 50.0
Fixed Income 16.0
Private Equity 7.3
Real Estate 7.4
Cash 6.5
Other 0.0
Commodities 3.5
Hedge Fund 9.2
Misc. Alternatives 0.0

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

Asset Allocation for State and Local Pensions, 2022

Category Percent
Equities 41.4
Fixed Income 20.6
Private Equity 13.9
Real Estate 10.8
Cash 2.2
Other 0.4
Commodities 2.5
Hedge Fund 6.5
Misc. Alternatives 1.7

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.


Asset allocation for Chicago Police, 2007-2022

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2007 62.4 30.6 5.1 1.6 0.1 0.0 0.2 0.0 0.0
2008 55.5 30.3 7.8 3.1 0.1 0.0 0.6 2.5 0.0
2009 63.7 22.5 6.0 3.0 0.4 0.0 1.0 3.4 0.0
2010 62.0 23.0 7.0 3.0 0.0 0.0 1.0 4.0 0.0
2011 45.0 29.0 8.0 4.0 0.0 0.0 2.0 12.0 0.0
2012 46.0 26.0 8.0 4.0 1.0 0.0 2.0 13.0 0.0
2013 44.6 23.8 7.9 4.0 4.0 0.0 2.0 13.9 0.0
2014 44.0 28.0 9.0 3.0 0.0 0.0 1.0 15.0 0.0
2015 47.0 26.0 9.0 3.0 0.0 0.0 2.0 13.0 0.0
2016 50.7 23.6 5.6 3.2 0.7 0.0 0.9 15.3 0.0
2017 56.9 23.3 3.2 2.8 0.3 0.0 1.0 12.5 0.0
2018 47.5 22.4 4.5 4.0 1.0 0.0 4.0 16.7 0.0
2019 45.9 21.3 4.4 5.1 3.6 0.0 3.1 16.7 0.0
2020 46.7 22.3 4.2 5.6 0.7 0.0 3.0 17.5 0.0
2021 56.5 18.6 5.0 4.9 0.5 0.0 2.5 12.1 0.0
2022 50.0 16.0 7.3 7.4 6.5 0.0 3.5 9.2 0.0

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.


Annual Return as of December 31 for Chicago Police, 2003-2022

Fiscal Year Chicago Police Assumed return
2003 21.00 8.00
2004 10.80 8.00
2005 7.30 8.00
2006 12.10 8.00
2007 8.80 8.00
2008 -27.80 8.00
2009 21.50 8.00
2010 12.70 8.00
2011 0.80 8.00
2012 12.40 8.00
2013 14.50 7.75
2014 6.20 7.50
2015 -0.40 7.50
2016 6.70 7.25
2017 17.15 7.25
2018 -5.24 7.25
2019 4.50 6.75
2020 0.81 6.75
2021 27.04 6.75
2022 -8.26 6.75

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Chicago Police
2003-2022

Fiscal Year Cash Flow Assets
2003 -158.0 3,693.3
2004 -195.4 3,865.8
2005 -172.7 3,954.8
2006 -211.1 4,192.1
2007 -208.8 4,333.2
2008 -227.5 3,001.0
2009 -243.1 3,326.1
2010 -256.0 3,439.7
2011 -297.9 3,175.5
2012 -315.7 3,213.4
2013 -364.0 3,265.2
2014 -385.8 3,062.0
2015 -0.8 3,058.9
2016 -338.0 2,865.0
2017 -155.2 3,122.1
2018 -79.9 2,905.1
2019 -112.7 3,162.4
2020 7.1 3,441.9
2021 34.5 3,846.7
2022 -35.8 3,486.8

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

Note: The PPD average is for plans with a similar fiscal year end (FYE) date to the plan presented on this page.


Cash Flow as a Percentage of Assets
Chicago Police
2003-2022

Fiscal Year Chicago Police National Average
2003 -4.3 -2.4
2004 -5.1 -2.6
2005 -4.4 -2.2
2006 -5.0 -2.2
2007 -4.8 -2.2
2008 -7.6 -2.9
2009 -7.3 -3.2
2010 -7.4 -3.2
2011 -9.4 -3.4
2012 -9.8 -3.3
2013 -11.1 -3.1
2014 -12.6 -2.9
2015 0.0 -3.1
2016 -11.8 -3.2
2017 -5.0 -2.9
2018 -2.8 -3.1
2019 -3.6 -3.1
2020 0.2 -2.8
2021 0.9 -2.5
2022 -1.0 -2.9

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

2022 Financial Reports

Benefits

Website for Chicago Police benefit descriptions.