Newport Township Fire Department Firefighters Pension Fund
Recent News About Newport Township Fire Department Firefighters Pension Fund
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Report: Newport Township FPD Firefighters Pension Fund gained $6,900 in investment income in 2018
After projecting its investments would grow by 5 percent, the Newport Township FPD Firefighters Pension Fund netted 0.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Wadsworth pays $4.01 for every $1 pensioners contribute to Newport Township FPD Firefighters Pension Fund
Taxpayers contributed 80.1 percent of the $95,814 the Newport Township FPD Firefighters Pension Fund brought in 2018, or $4.01 for every $1 from pension members.
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Report: 46.9% of Newport Township FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 46.9 percent of the Newport Township FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Newport Township FPD Firefighters Pension Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Newport Township FPD Firefighters Pension Fund would have lost $126,183 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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Report: Average pensioner in Newport Township FPD Firefighters Pension Fund earns $66,790 per year
The Newport Township FPD Firefighters Pension Fund had 4 active participants receiving an average salary of $66,790 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Wadsworth pays $2.13 for every $1 pensioners contribute to Newport Township Fpd Firefighters Pension Fund
Taxpayers contributed 68.1 percent of the $73,573 the Newport Township Fpd Firefighters Pension Fund brought in last year, or $2.13 for every $1 from pension members.
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Report: 59.5% of Newport Township Fpd Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 59.5 percent of the Newport Township Fpd Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension D