Lockport Township Fpd Pension Fund
Local Government - Appointed Boards & Commissions | Township
Recent News About Lockport Township Fpd Pension Fund
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Report: Lockport Township FPD Pension Fund gained $2,268,664 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Lockport Township FPD Pension Fund netted 5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lockport Township FPD Pension Fund would go bankrupt in 108 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Lockport Township FPD Pension Fund would have lost $414,711 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 $3.57 for every $1 pensioners contribute to Lockport Township FPD Pension Fund
Taxpayers contributed 78.1 percent of the $3,961,381 the Lockport Township FPD Pension Fund brought in 2018, or $3.57 for every $1 from pension members.
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Report: 60.2% of Lockport Township FPD Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 60.2 percent of the Lockport Township FPD Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.