A pension fund in Northlake could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
Pension funds record revenue from investment income and other revenue, in addition to being subsidized by municipal taxes and member contributions. Taking those subsidies out of the equation and assuming the funds annual expenses are the same, the following table shows how long it would take for a pension fund to run out of money.
Which West Suburbs pension funds are self-sustaining?
| Fund | City | Total Non-Subsidy Revenue | Total Expenses | Total Annual Loss without Subsidy | Years Until Assets Spent |
| Northlake FPD Firefighters Pension Fund | Northlake | $937,733 | $832,640 | $105,093 | 126.50 |
ORGANIZATIONS IN THIS STORY
River Forest Firefighters Pension Fund• Stickney Police Pension Fund• River Forest Police Pension Fund• Forest Park Firefighters Pension Fund• Lagrange Firefighters Pension Fund• Northlake Fire Protection District Firefighters Pension Fund• Schiller Park Firefighters Pension Fund• Melrose Park Firefighters Pension Fund• North Riverside Police Pension Fund• Cicero Firefighters' Pension Fund• Maywood Firefighters Pension Fund• Elmwood Park Police Pension Fund• North Riverside Firefighters Pension Fund• Maywood Police Pension Fund• Elmwood Park Firefighters Pension Fund• Stone Park Police Pensionfund• Schiller Park Police Pension Fund• Forest View Firefighters Pension Fund• Melrose Park Police Pension Fund• Leyden Fire Protection District Firefighters Pension Fund
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