Morton Grove Firefighters Pension Fund
Recent News About Morton Grove Firefighters Pension Fund
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Report: Morton Grove Firefighters Pension Fund lost $1,398,016 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Morton Grove Firefighters Pension Fund lost 4.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Morton Grove Firefighters Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Morton Grove Firefighters Pension Fund would have lost $4,738,181 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: Morton Grove pays $6.67 for every $1 pensioners contribute to Morton Grove Firefighters Pension Fund
Taxpayers contributed 86.9 percent of the $3,060,064 the Morton Grove Firefighters Pension Fund brought in 2018, or $6.67 for every $1 from pension members.
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Report: 51.1% of Morton Grove Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 51.1 percent of the Morton Grove Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Morton Grove Firefighters Pension Fund gained $2,146,073 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Morton Grove Firefighters Pension Fund netted 6.49 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 Morton Grove Firefighters Pension Fund earns $100,000 per year
The Morton Grove Firefighters Pension Fund had 40 active participants receiving an average salary of $100,000 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Morton Grove pays $5.64 for every $1 pensioners contribute to Morton Grove Firefighters Pension Fund
Taxpayers contributed 84.1 percent of the $2,574,581 the Morton Grove Firefighters Pension Fund brought in last year, or $5.64 for every $1 from pension members.
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Report: 53.5% of Morton Grove Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.5 percent of the Morton Grove 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 North Suburbs pension funds would go bankrupt fastest without subsidies
Pension funds in Hanover Park, Glenview and Elgin 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 Hanover Park, Glenview and Elgin 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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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Evanston, Elgin and Arlington Heights depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.