Maywood Firefighters Pension Fund
Recent News About Maywood Firefighters Pension Fund
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Report: Maywood Firefighters Pension Fund gained $1,345,663 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Maywood Firefighters Pension Fund netted 6.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Maywood Firefighters Pension Fund would go bankrupt in 18 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Maywood Firefighters Pension Fund would have lost $1,180,468 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: Maywood pays $8.87 for every $1 pensioners contribute to Maywood Firefighters Pension Fund
Taxpayers contributed 89.7 percent of the $2,852,681 the Maywood Firefighters Pension Fund brought in 2018, or $8.87 for every $1 from pension members.
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Report: 39.2% of Maywood Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 39.2 percent of the Maywood 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 Maywood Firefighters Pension Fund earns $84,291 per year
The Maywood Firefighters Pension Fund had 36 active participants receiving an average salary of $84,291 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Maywood Firefighters Pension Fund gained $81,331 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Maywood Firefighters Pension Fund netted 0.34 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Maywood pays $5.67 for every $1 pensioners contribute to Maywood Firefighters Pension Fund
Taxpayers contributed 84.9 percent of the $2,018,113 the Maywood Firefighters Pension Fund brought in last year, or $5.67 for every $1 from pension members.
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Analysis: Maywood Firefighters Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Maywood Firefighters Pension Fund lost $2,206,936 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: 39.1% of Maywood Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 39.1 percent of the Maywood 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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West Suburbs pension funds: Where do taxpayers contribute most?
Government pension funds in Cicero, Oak Park and Maywood depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Chicago, Lyons and Stone Park have government pension funds with the lowest funding levels in Illinois, according 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.