Skokie Firefighters Pension Fund
Recent News About Skokie Firefighters Pension Fund
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Report: Skokie Firefighters Pension Fund gained $6,502,757 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Skokie Firefighters Pension Fund netted 8.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Skokie Firefighters Pension Fund would go bankrupt in 36 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Skokie Firefighters Pension Fund would have lost $2,167,211 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: Skokie pays $4.27 for every $1 pensioners contribute to Skokie Firefighters Pension Fund
Taxpayers contributed 80.6 percent of the $5,986,809 the Skokie Firefighters Pension Fund brought in 2018, or $4.27 for every $1 from pension members.
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Report: 45.2% of Skokie Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.2 percent of the Skokie Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Skokie Firefighters Pension Fund lost $1,036,118 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Skokie Firefighters Pension Fund lost 1.66 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 Skokie Firefighters Pension Fund earns $87,257 per year
The Skokie Firefighters Pension Fund had 115 active participants receiving an average salary of $87,257 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Skokie pays $3.86 for every $1 pensioners contribute to Skokie Firefighters Pension Fund
Taxpayers contributed 78.7 percent of the $4,566,792 the Skokie Firefighters Pension Fund brought in last year, or $3.86 for every $1 from pension members.
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Analysis: Skokie Firefighters Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Skokie Firefighters Pension Fund lost $8,420,569 in 2016, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 49.6% of Skokie Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.6 percent of the Skokie 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 Buffalo Grove, Palatine and Winnetka 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 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.
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Rankings: 10 worst funded pensions in North Suburbs
Glencoe, Niles and Rolling Meadows have government pension funds with the lowest funding levels in North Suburbs, according to the Illinois Department of Insurance.