Normal Firefighters Pension Fund
Recent News About Normal Firefighters Pension Fund
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Report: Normal Firefighters Pension Fund gained $2,968,551 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Normal Firefighters Pension Fund netted 8.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Normal pays $3.36 for every $1 pensioners contribute to Normal Firefighters Pension Fund
Taxpayers contributed 77.1 percent of the $2,293,553 the Normal Firefighters Pension Fund brought in 2018, or $3.36 for every $1 from pension members.
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Report: 53.6% of Normal Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.6 percent of the Normal Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Normal Firefighters Pension Fund lost $103,801 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Normal Firefighters Pension Fund lost 0.55 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Normal Firefighters Pension Fund earns $74,995 per year
The Normal Firefighters Pension Fund had 65 active participants receiving an average salary of $74,995 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Normal pays $3.30 for every $1 pensioners contribute to Normal Firefighters Pension Fund
Taxpayers contributed 76.8 percent of the $1,991,189 the Normal Firefighters Pension Fund brought in last year, or $3.30 for every $1 from pension members.
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Analysis: Normal Firefighters Pension Fund would go broke in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Normal Firefighters Pension Fund lost $2,288,029 in 2016, according to a McLean County Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 56.5% of Normal Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.5 percent of the Normal Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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McLean County pension funds: Where do taxpayers contribute least?
Government pension funds in Pontiac, Normal and Bloomington depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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McLean County pension funds: Where do taxpayers contribute most?
Government pension funds in Bloomington, Normal and Pontiac depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 6 best funded pensions in McLean County
Pontiac, Normal and Bloomington have government pension funds with the highest funding levels in McLean County, according to the Illinois Department of Insurance.
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Analysis: McLean County fire, police pension funds paid $14 million, lost $1.9 million on investments in 2016
McLean County’s four police and fire pension funds paid out a total of $14,770,208 in benefits to 281 retirees and inactive recipients in 2016 while losing $1.96 million on their investments, according to a McLean County Reporter analysis of the funds' mandated financial filings with the Illinois Department of Insurance.