Palatine Rural Fpd Firefighters Pension Fund
Recent News About Palatine Rural Fpd Firefighters Pension Fund View More
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Report: Palatine Rural FPD Firefighters Pension Fund lost $614,208 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Palatine Rural FPD Firefighters Pension Fund lost 4.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Palatine Rural FPD Firefighters Pension Fund would go bankrupt in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Palatine Rural FPD Firefighters Pension Fund would have lost $1,099,332 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: Inverness pays $3.89 for every $1 pensioners contribute to Palatine Rural FPD Firefighters Pension Fund
Taxpayers contributed 79.1 percent of the $827,561 the Palatine Rural FPD Firefighters Pension Fund brought in 2018, or $3.89 for every $1 from pension members.
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Report: 81.4% of Palatine Rural FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 81.4 percent of the Palatine Rural FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.