Harvey Firefighters Pension Fund
Recent News About Harvey Firefighters Pension Fund
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Report: Harvey Firefighters Pension Fund gained $495,189 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Harvey Firefighters Pension Fund netted 4.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Harvey pays $6.29 for every $1 pensioners contribute to Harvey Firefighters Pension Fund
Taxpayers contributed 86.3 percent of the $2,036,266 the Harvey Firefighters Pension Fund brought in 2018, or $6.29 for every $1 from pension members.
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Analysis: Harvey Firefighters Pension Fund would go bankrupt in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Harvey Firefighters Pension Fund would have lost $2,012,130 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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Report: 20.1% of Harvey Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 20.1 percent of the Harvey Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Harvey Firefighters Pension Fund lost $205,878 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Harvey Firefighters Pension Fund lost 3.00 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 Harvey Firefighters Pension Fund earns $70,169 per year
The Harvey Firefighters Pension Fund had 47 active participants receiving an average salary of $70,169 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Harvey pays $1.22 for every $1 pensioners contribute to Harvey Firefighters Pension Fund
Taxpayers contributed 55.3 percent of the $720,720 the Harvey Firefighters Pension Fund brought in last year, or $1.22 for every $1 from pension members.
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Analysis: Harvey Firefighters Pension Fund would go broke in four years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Harvey Firefighters Pension Fund lost $2,388,378 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: 22.3% of Harvey Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 22.3 percent of the Harvey 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.
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Rankings: 10 worst funded pensions in South Suburbs
South Chicago Heights, Sauk Village and Evergreen Park have government pension funds with the lowest funding levels in South Suburbs, according to the Illinois Department of Insurance.
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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.