Matteson Firefighters Pension Fund
Recent News About Matteson Firefighters Pension Fund
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Report: Matteson Firefighters Pension Fund gained $1,551,522 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Matteson Firefighters Pension Fund netted 7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Matteson pays $4.31 for every $1 pensioners contribute to Matteson Firefighters Pension Fund
Taxpayers contributed 80.9 percent of the $1,665,014 the Matteson Firefighters Pension Fund brought in 2018, or $4.31 for every $1 from pension members.
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Report: 49.3% of Matteson Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.3 percent of the Matteson Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Matteson Firefighters Pension Fund would go bankrupt in 30 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Matteson Firefighters Pension Fund would have lost $706,268 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: Matteson Firefighters Pension Fund lost $322,160 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Matteson Firefighters Pension Fund lost 2.08 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 Matteson Firefighters Pension Fund earns $87,476 per year
The Matteson Firefighters Pension Fund had 28 active participants receiving an average salary of $87,476 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Matteson pays $4.19 for every $1 pensioners contribute to Matteson Firefighters Pension Fund
Taxpayers contributed 80.6 percent of the $1,345,624 the Matteson Firefighters Pension Fund brought in last year, or $4.19 for every $1 from pension members.
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Analysis: Matteson Firefighters Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Matteson Firefighters Pension Fund lost $2,158,507 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: 55.9% of Matteson Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55.9 percent of the Matteson 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.