Posen Firefighters Pension Fund
Recent News About Posen Firefighters Pension Fund
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Report: Posen Firefighters Pension Fund gained $12,355 in investment income in 2018
After projecting its investments would grow by 4.3 percent, the Posen Firefighters Pension Fund netted 5.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: 13.5% of Posen Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 13.5 percent of the Posen Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Posen Firefighters Pension Fund would go bankrupt in three years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Posen Firefighters Pension Fund would have lost $86,014 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: Posen Firefighters Pension Fund gained $1,688 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Posen Firefighters Pension Fund lost 0.45 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Posen Firefighters Pension Fund would go broke in three years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Posen Firefighters Pension Fund lost $92,673 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: 23.4% of Posen Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 23.4 percent of the Posen Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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South Suburbs pension funds: Where do taxpayers contribute least?
Government pension funds in Sauk Village, South Chicago Heights and Robbins depended least 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 least?
Government pension funds in Sauk Village, South Chicago Heights and Robbins depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in South Suburbs
South Chicago Heights, Sauk Village and Evergreen Park have government pension funds with the lowest funding levels in South Suburbs, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
South Chicago Heights, Sauk Village and Evergreen Park have government pension funds with the lowest funding levels in Illinois, 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.