Oak Lawn Firefighters Pension Fund
Recent News About Oak Lawn Firefighters Pension Fund
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Report: Oak Lawn Firefighters Pension Fund lost $4,612,525 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Oak Lawn Firefighters Pension Fund lost 6.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oak Lawn pays $6.23 for every $1 pensioners contribute to Oak Lawn Firefighters Pension Fund
Taxpayers contributed 85.6 percent of the $4,524,931 the Oak Lawn Firefighters Pension Fund brought in 2018, or $6.23 for every $1 from pension members.
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Report: 49.7% of Oak Lawn Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.7 percent of the Oak Lawn Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oak Lawn Firefighters Pension Fund would go bankrupt in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Oak Lawn Firefighters Pension Fund would have lost $12,598,092 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: Oak Lawn Firefighters Pension Fund gained $4,391,058 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Oak Lawn Firefighters Pension Fund netted 6.16 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 Oak Lawn Firefighters Pension Fund earns $96,252 per year
The Oak Lawn Firefighters Pension Fund had 71 active participants receiving an average salary of $96,252 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oak Lawn pays $4.14 for every $1 pensioners contribute to Oak Lawn Firefighters Pension Fund
Taxpayers contributed 80.3 percent of the $3,670,331 the Oak Lawn Firefighters Pension Fund brought in last year, or $4.14 for every $1 from pension members.
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Report: 57.5% of Oak Lawn Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.5 percent of the Oak Lawn 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 20 South Suburbs pension funds would go bankrupt fastest without subsidies
Pension funds in Palos Heights, Burbank and La Grange would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Palos Heights, Burbank and La Grange would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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South Suburbs pension funds: Where do taxpayers contribute most?
Government pension funds in Calumet City, Oak Lawn and Orland Park depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Calumet City, Oak Lawn and Orland Park depended most on taxpayer contributions to make ends meet in 2016, according 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.