Worth Firefighters Pension Fund
Recent News About Worth Firefighters Pension Fund
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Report: Worth Firefighters Pension Fund gained $154,142 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Worth Firefighters Pension Fund netted 4.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: 55.6% of Worth Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55.6 percent of the Worth Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Worth Firefighters Pension Fund would go bankrupt in 36 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Worth Firefighters Pension Fund would have lost $82,325 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: Worth Firefighters Pension Fund lost $26,568 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Worth Firefighters Pension Fund lost 1.64 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Worth pays $5.65 for every $1 pensioners contribute to Worth Firefighters Pension Fund
Taxpayers contributed 84.7 percent of the $204,823 the Worth Firefighters Pension Fund brought in last year, or $5.65 for every $1 from pension members.
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Analysis: Worth Firefighters Pension Fund would go broke in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Worth Firefighters Pension Fund lost $470,560 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: 72.5% of Worth Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 72.5 percent of the Worth 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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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 best funded pensions in South Suburbs
Markham, Posen and Orland Park have government pension funds with the highest funding levels in South Suburbs, according to the Illinois Department of Insurance.