Midlothian Firefighters Pension Fund
Recent News About Midlothian Firefighters Pension Fund
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Report: Midlothian Firefighters Pension Fund gained $497,646 in investment income in 2018
After projecting its investments would grow by 6 percent, the Midlothian Firefighters Pension Fund netted 6.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Midlothian pays $4.47 for every $1 pensioners contribute to Midlothian Firefighters Pension Fund
Taxpayers contributed 81.8 percent of the $799,309 the Midlothian Firefighters Pension Fund brought in 2018, or $4.47 for every $1 from pension members.
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Report: 40.5% of Midlothian Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 40.5 percent of the Midlothian Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Midlothian Firefighters Pension Fund would go bankrupt in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Midlothian Firefighters Pension Fund would have lost $472,654 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: Midlothian Firefighters Pension Fund lost $17,336 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Midlothian Firefighters Pension Fund lost 0.38 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 Midlothian Firefighters Pension Fund earns $70,480 per year
The Midlothian Firefighters Pension Fund had 16 active participants receiving an average salary of $70,480 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Midlothian pays $3.31 for every $1 pensioners contribute to Midlothian Firefighters Pension Fund
Taxpayers contributed 76.6 percent of the $467,050 the Midlothian Firefighters Pension Fund brought in last year, or $3.31 for every $1 from pension members.
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Analysis: Midlothian Firefighters Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Midlothian Firefighters Pension Fund lost $993,245 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: 50% of Midlothian Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 50 percent of the Midlothian 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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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.