Homer Township Fpd Firefighters Pension Fund
Recent News About Homer Township Fpd Firefighters Pension Fund View More
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Report: Homer Township FPD Firefighters Pension Fund lost $593,890 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Homer Township 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: Homer Township FPD Firefighters Pension Fund would go bankrupt in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Homer Township FPD Firefighters Pension Fund would have lost $872,529 in 2018, according to a Will County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lockport pays $2.23 for every $1 pensioners contribute to Homer Township FPD Firefighters Pension Fund
Taxpayers contributed 68.6 percent of the $1,116,026 the Homer Township FPD Firefighters Pension Fund brought in 2018, or $2.23 for every $1 from pension members.
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Report: 88.6% of Homer Township FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 88.6 percent of the Homer Township FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.