Forest Preserve District Fund Overview
The Cook County Pension Fund (CCPF) serves a very diverse membership that reflects the contributions that Forest Preserve District employees have long made to the community. For example, CCPF provides benefits to Forest Preserve personnel who maintain the natural beauty of the area for the shared enjoyment of the entire community. The lifelong service of Forest Preserve District employees are assets that are not easily quantified, but that are greatly appreciated.
Learn about the Cook County Fund
Member Contributions to CCPF
Forest Preserve employees contribute 8.5% of their pensionable salary to CCPF. Through their years of employment, they build service credit towards a retirement annuity or pension. An employee’s years of service and total contributions are considered in the calculation of the member’s retirement benefit. The contributions are automatically deducted from each salary distribution and are not considered taxable income in the year the deductions are made.
Assets and Income
The Forest Preserve District Fund has assets valued at over $200 million that are invested by the Retirement Board through an Investment Consultant. In addition to the income earned from investment activity, the Forest Preserve District Fund receives employee contributions through payroll deductions and employer contributions derived from an annual tax levy.
|
2021 |
2020 |
Employees |
516 |
521 |
Retirees & Beneficiaries |
536 |
538 |
Actuarial Value of Assets |
$218.4 Million |
$209.7 Million |
Employer Contributions |
$3.9 Million |
$4.0 Million |
Employee Contributions |
$3.1 Million |
$3.2 Million |
Funded Ratio |
59.4% |
59.1% |
Projected Insolvency Date |
2044 |
2041 |
Financial Reports
The financial reports provide additional information about the financial condition of the Forest Preserve District Fund. To view reports from prior years, visit Annual Financial Reports.