Mount Prospect Firefighters Pension Fund
Recent News About Mount Prospect Firefighters Pension Fund View More
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Report: Mount Prospect Firefighters Pension Fund lost $1,815,753 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Mount Prospect Firefighters Pension Fund lost 3.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mount Prospect Firefighters Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Mount Prospect Firefighters Pension Fund would have lost $7,887,584 in 2018, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mt Prospect pays $4.84 for every $1 pensioners contribute to Mount Prospect Firefighters Pension Fund
Taxpayers contributed 82.9 percent of the $4,020,773 the Mount Prospect Firefighters Pension Fund brought in 2018, or $4.84 for every $1 from pension members.
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Report: 60.7% of Mount Prospect Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 60.7 percent of the Mount Prospect Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mount Prospect Firefighters Pension Fund gained $3,134,976 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Mount Prospect Firefighters Pension Fund netted 5.24 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 Mount Prospect Firefighters Pension Fund earns $98,334 per year
The Mount Prospect Firefighters Pension Fund had 71 active participants receiving an average salary of $98,334 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mt Prospect pays $4.20 for every $1 pensioners contribute to Mt Prospect Firefighters Pension Fund
Taxpayers contributed 80.8 percent of the $3,475,052 the Mt Prospect Firefighters Pension Fund brought in last year, or $4.20 for every $1 from pension members.
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Report: 57.4% of Mt Prospect Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.4 percent of the Mt Prospect Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.