Lemont Fpd Firefighters Pension Fund
Recent News About Lemont Fpd Firefighters Pension Fund
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Report: Lemont FPD Firefighters Pension Fund lost $1,031,717 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Lemont FPD Firefighters Pension Fund lost 3.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lemont pays $3.11 for every $1 pensioners contribute to Lemont FPD Firefighters Pension Fund
Taxpayers contributed 75.1 percent of the $2,024,766 the Lemont FPD Firefighters Pension Fund brought in 2018, or $3.11 for every $1 from pension members.
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Report: 71.6% of Lemont FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 71.6 percent of the Lemont FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lemont FPD Firefighters Pension Fund would go bankrupt in 15 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Lemont FPD Firefighters Pension Fund would have lost $2,087,084 in 2018, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.