Forest Park Firefighters Pension Fund
Recent News About Forest Park Firefighters Pension Fund View More
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Report: Forest Park Firefighters Pension Fund gained $1,193,352 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Forest Park Firefighters Pension Fund netted 7.6 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Forest Park Firefighters Pension Fund would go bankrupt in 23 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Forest Park Firefighters Pension Fund would have lost $684,829 in 2018, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Forest Park pays $3.81 for every $1 pensioners contribute to Forest Park Firefighters Pension Fund
Taxpayers contributed 79.1 percent of the $988,958 the Forest Park Firefighters Pension Fund brought in 2018, or $3.81 for every $1 from pension members.
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Report: 40.3% of Forest Park Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 40.3 percent of the Forest Park Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Forest Park Firefighters Pension Fund earns $91,714 per year
The Forest Park Firefighters Pension Fund had 23 active participants receiving an average salary of $91,714 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Forest Park Firefighters Pension Fund lost $224,158 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Forest Park Firefighters Pension Fund lost 1.84 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Forest Park pays $3.44 for every $1 pensioners contribute to Forest Park Firefighters Pension Fund
Taxpayers contributed 77.2 percent of the $885,231 the Forest Park Firefighters Pension Fund brought in last year, or $3.44 for every $1 from pension members.
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Analysis: Forest Park Firefighters Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Forest Park Firefighters Pension Fund lost $1,894,000 in 2016, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 44.7% of Forest Park Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44.7 percent of the Forest Park Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: This West Suburban pension fund sustains itself without subsidies
A pension funds 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.
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Analysis: West Cook County fire, police pension funds paid $97 million, lost $4.1 million on investments in 2016
Western Cook County’s 53 police and fire pension funds paid out a total of $97,778,122 in benefits to 1,894 retirees and inactive recipients in 2016 while losing $4,160,610 on their investments, according to a West Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.