Chicago Ridge Firefighters Pension Fund
Recent News About Chicago Ridge Firefighters Pension Fund
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Report: Chicago Ridge Firefighters Pension Fund lost $985,023 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Chicago Ridge Firefighters Pension Fund lost 9.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Chicago Ridge Firefighters Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Chicago Ridge Firefighters Pension Fund would have lost $1,879,538 in 2018, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Chicago Ridge pays $4.58 for every $1 pensioners contribute to Chicago Ridge Firefighters Pension Fund
Taxpayers contributed 82.1 percent of the $1,006,248 the Chicago Ridge Firefighters Pension Fund brought in 2018, or $4.58 for every $1 from pension members.
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Report: 57.4% of Chicago Ridge Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.4 percent of the Chicago Ridge Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Chicago Ridge Firefighters Pension Fund gained $887,747 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Chicago Ridge Firefighters Pension Fund netted 7.36 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Chicago Ridge Firefighters Pension Fund earns $84,510 per year
The Chicago Ridge Firefighters Pension Fund had 13 active participants receiving an average salary of $84,510 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Chicago Ridge pays $6.63 for every $1 pensioners contribute to Chicago Ridge Firefighters Pension Fund
Taxpayers contributed 86 percent of the $783,471 the Chicago Ridge Firefighters Pension Fund brought in last year, or $6.63 for every $1 from pension members.
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Report: 59.9% of Chicago Ridge Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 59.9 percent of the Chicago Ridge 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: These 4 South Suburban pension funds sustain themselves without subsidies
Pension funds in Chicago Ridge, Lemont and Orland Park could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.