Flossmoor Firefighters Pension Fund
Recent News About Flossmoor Firefighters Pension Fund
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Report: Flossmoor Firefighters Pension Fund gained $68,145 in investment income in 2018
After projecting its investments would grow by 4.8 percent, the Flossmoor Firefighters Pension Fund netted 2.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Flossmoor Firefighters Pension Fund would go bankrupt in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Flossmoor Firefighters Pension Fund would have lost $188,082 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: Flossmoor pays $9.16 for every $1 pensioners contribute to Flossmoor Firefighters Pension Fund
Taxpayers contributed 90.2 percent of the $364,078 the Flossmoor Firefighters Pension Fund brought in 2018, or $9.16 for every $1 from pension members.
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Report: 37.4% of Flossmoor Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 37.4 percent of the Flossmoor Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Flossmoor Firefighters Pension Fund lost $1,344 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Flossmoor Firefighters Pension Fund lost 0.08 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 Flossmoor Firefighters Pension Fund earns $115,148 per year
The Flossmoor Firefighters Pension Fund had 3 active participants receiving an average salary of $115,148 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Flossmoor pays $6.94 for every $1 pensioners contribute to Flossmoor Firefighters Pension Fund
Taxpayers contributed 87.4 percent of the $287,826 the Flossmoor Firefighters Pension Fund brought in last year, or $6.94 for every $1 from pension members.
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Analysis: Flossmoor Firefighters Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Flossmoor Firefighters Pension Fund lost $242,800 in 2016, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 39.4% of Flossmoor Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 39.4 percent of the Flossmoor Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Rankings: 100 worst funded pensions in Illinois
South Chicago Heights, Sauk Village and Evergreen Park have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: South Cook County fire, police pension funds paid $100 million, lost $5 million on investments in 2016
Seventy-five of South Cook County’s 80 police and fire pension funds paid out a total of $100.2 million in benefits to 1,979 retirees and inactive recipients in 2016 while losing $5,109,268 on their investments, according to a South Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.