Orland Fire Department Firefighters Pension Fund
Recent News About Orland Fire Department Firefighters Pension Fund
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Report: Orland FPD Firefighters Pension Fund lost $5,612,513 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Orland FPD Firefighters Pension Fund lost 3.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Orland Park pays $2.06 for every $1 pensioners contribute to Orland FPD Firefighters Pension Fund
Taxpayers contributed 67.4 percent of the $3,923,587 the Orland FPD Firefighters Pension Fund brought in 2018, or $2.06 for every $1 from pension members.
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Report: 94.4% of Orland FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 94.4 percent of the Orland 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: Orland FPD Firefighters Pension Fund would go bankrupt in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Orland FPD Firefighters Pension Fund would have lost $11,009,437 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: Average pensioner in Orland FPD Firefighters Pension Fund earns $109,075 per year
The Orland FPD Firefighters Pension Fund had 113 active participants receiving an average salary of $109,075 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Orland Park pays $2.38 for every $1 pensioners contribute to Orland Fpd Firefighters Pension Fund
Taxpayers contributed 70 percent of the $4,039,250 the Orland Fpd Firefighters Pension Fund brought in last year, or $2.38 for every $1 from pension members.
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Report: 101.7% of Orland Fpd Firefighters Pension Fund is funded
With the funds it has on hand outpacing the amount it's obligated to pay pensioners, 101.7 percent of the Orland Fpd 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.