North Palos Fpd Firefighters Pension Fund
Recent News About North Palos Fpd Firefighters Pension Fund
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Report: North Palos FPD Firefighters Pension Fund lost $668,915 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the North Palos FPD Firefighters Pension Fund lost 4.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Palos Hills pays $1.97 for every $1 pensioners contribute to North Palos FPD Firefighters Pension Fund
Taxpayers contributed 66.5 percent of the $1,026,854 the North Palos FPD Firefighters Pension Fund brought in 2018, or $1.97 for every $1 from pension members.
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Report: 62.9% of North Palos FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 62.9 percent of the North Palos 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: North Palos FPD Firefighters Pension Fund would go bankrupt in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the North Palos FPD Firefighters Pension Fund would have lost $1,434,181 in 2018, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.