Beach Park Fpd Firefighters Pension Fund
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Recent News About Beach Park Fpd Firefighters Pension Fund View More
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Report: Beach Park FPD Firefighters Pension Fund gained $3,937 in investment income in 2018
After projecting its investments would grow by 5 percent, the Beach Park FPD Firefighters Pension Fund lost 0.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Beach Park FPD Firefighters Pension Fund would go bankrupt in 35 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Beach Park FPD Firefighters Pension Fund would have lost $48,025 in 2018, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Beach Park pays $4.45 for every $1 pensioners contribute to Beach Park FPD Firefighters Pension Fund
Taxpayers contributed 81.2 percent of the $266,372 the Beach Park FPD Firefighters Pension Fund brought in 2018, or $4.45 for every $1 from pension members.
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Report: 76.2% of Beach Park FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 76.2 percent of the Beach Park FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.