North Maine Fire Department Firefighters Pension Fund
Recent News About North Maine Fire Department Firefighters Pension Fund
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Report: North Maine FPD Firefighters Pension Fund lost $746,619 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the North Maine FPD Firefighters Pension Fund lost 3.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: North Maine FPD Firefighters Pension Fund would go bankrupt in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the North Maine FPD Firefighters Pension Fund would have lost $2,426,358 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: Des Plaines pays $7.35 for every $1 pensioners contribute to North Maine FPD Firefighters Pension Fund
Taxpayers contributed 88.9 percent of the $1,709,196 the North Maine FPD Firefighters Pension Fund brought in 2018, or $7.35 for every $1 from pension members.
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Report: 63% of North Maine FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63 percent of the North Maine FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: North Maine FPD Firefighters Pension Fund gained $876,688 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the North Maine FPD Firefighters Pension Fund netted 4.24 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 North Maine FPD Firefighters Pension Fund earns $95,901 per year
The North Maine FPD Firefighters Pension Fund had 22 active participants receiving an average salary of $95,901 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Des Plaines pays $8.89 for every $1 pensioners contribute to North Maine Fpd Firefighters Pension Fund
Taxpayers contributed 89.6 percent of the $1,975,393 the North Maine Fpd Firefighters Pension Fund brought in last year, or $8.89 for every $1 from pension members.
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Report: 67.2% of North Maine Fpd Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.2 percent of the North Maine Fpd Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Divisi
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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.