New Lenox Fpd Firefighters Pension Fund
Recent News About New Lenox Fpd Firefighters Pension Fund
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Report: New Lenox FPD Firefighters Pension Fund lost $104,161 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the New Lenox FPD Firefighters Pension Fund lost 2.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: New Lenox FPD Firefighters Pension Fund would go bankrupt in 22 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the New Lenox FPD Firefighters Pension Fund would have lost $220,664 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: New Lenox pays $3.60 for every $1 pensioners contribute to New Lenox FPD Firefighters Pension Fund
Taxpayers contributed 77.1 percent of the $595,164 the New Lenox FPD Firefighters Pension Fund brought in 2018, or $3.60 for every $1 from pension members.
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Report: 111.1% of New Lenox FPD Firefighters Pension Fund is funded
With the funds it has on hand outpacing the amount it's obligated to pay pensioners, 111.1 percent of the New Lenox FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.