Lansing Firefighters Pension Fund
Recent News About Lansing Firefighters Pension Fund
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Report: Lansing Firefighters Pension Fund gained $441,104 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Lansing 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: Lansing pays $6.62 for every $1 pensioners contribute to Lansing Firefighters Pension Fund
Taxpayers contributed 86.5 percent of the $1,845,640 the Lansing Firefighters Pension Fund brought in 2018, or $6.62 for every $1 from pension members.
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Report: 52% of Lansing Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52 percent of the Lansing Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lansing Firefighters Pension Fund would go bankrupt in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Lansing Firefighters Pension Fund would have lost $867,688 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: Lansing Firefighters Pension Fund gained $17,438 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Lansing Firefighters Pension Fund lost 0.24 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 Lansing Firefighters Pension Fund earns $82,506 per year
The Lansing Firefighters Pension Fund had 28 active participants receiving an average salary of $82,506 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lansing pays $4.62 for every $1 pensioners contribute to Lansing Firefighters Pension Fund
Taxpayers contributed 82.6 percent of the $1,225,971 the Lansing Firefighters Pension Fund brought in last year, or $4.62 for every $1 from pension members.
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Analysis: Lansing Firefighters Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Lansing Firefighters Pension Fund lost $1,140,084 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: 52.5% of Lansing Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.5 percent of the Lansing 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: 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.