Melrose Park Firefighters Pension Fund
Recent News About Melrose Park Firefighters Pension Fund View More
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Report: Melrose Park Firefighters Pension Fund lost $903,862 in investment income in 2018
After projecting its investments would grow by 6 percent, the Melrose Park Firefighters Pension Fund lost 4.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Melrose Park Firefighters Pension Fund would go bankrupt in four years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Melrose Park Firefighters Pension Fund would have lost $5,731,605 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 $10.16 for every $1 pensioners contribute to Melrose Park Firefighters Pension Fund
Taxpayers contributed 90.9 percent of the $5,630,585 the Melrose Park Firefighters Pension Fund brought in 2018, or $10.16 for every $1 from pension members.
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Report: 21.9% of Melrose Park Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 21.9 percent of the Melrose 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 Melrose Park Firefighters Pension Fund earns $86,712 per year
The Melrose Park Firefighters Pension Fund had 61 active participants receiving an average salary of $86,712 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Melrose Park Firefighters Pension Fund gained $1,346,905 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Melrose Park Firefighters Pension Fund netted 6.98 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 $6.14 for every $1 pensioners contribute to Melrose Park Firefighters Pension Fund
Taxpayers contributed 85.9 percent of the $3,585,842 the Melrose Park Firefighters Pension Fund brought in last year, or $6.14 for every $1 from pension members.
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Analysis: Melrose Park Firefighters Pension Fund would go broke in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Melrose Park Firefighters Pension Fund lost $3,070,642 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: 23.9% of Melrose Park Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 23.9 percent of the Melrose 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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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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Illinois 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: 10 worst funded pensions in West Suburbs
Chicago, Lyons and Stone Park have government pension funds with the lowest funding levels in West Suburbs, 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.