Metropolis Firefighters Pension Fund
Recent News About Metropolis Firefighters Pension Fund
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Report: Metropolis Firefighters Pension Fund gained $243,265 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Metropolis Firefighters Pension Fund netted 4.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Metropolis Firefighters Pension Fund would go bankrupt in 160 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Metropolis Firefighters Pension Fund would have lost $31,575 in 2018, according to a Southern Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Metropolis pays $7.24 for every $1 pensioners contribute to Metropolis Firefighters Pension Fund
Taxpayers contributed 87.9 percent of the $429,291 the Metropolis Firefighters Pension Fund brought in 2018, or $7.24 for every $1 from pension members.
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Report: 65.3% of Metropolis Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 65.3 percent of the Metropolis Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Metropolis Firefighters Pension Fund gained $113,099 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Metropolis Firefighters Pension Fund netted 2.47 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 Metropolis Firefighters Pension Fund earns $54,777 per year
The Metropolis Firefighters Pension Fund had 10 active participants receiving an average salary of $54,777 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Metropolis pays $6.63 for every $1 pensioners contribute to Metropolis Firefighters Pension Fund
Taxpayers contributed 86.9 percent of the $418,527 the Metropolis Firefighters Pension Fund brought in last year, or $6.63 for every $1 from pension members.
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Report: 57.3% of Metropolis Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.3 percent of the Metropolis Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Which Southern Illinois pension funds would go bankrupt fastest without subsidies?
Pension funds in Metropolis and Cairo would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
A pension funds in Metropolis would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Southern Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Anna, Cairo and Metropolis depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Southern Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Metropolis, Cairo and Anna 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 Southern Illinois
Metropolis, Anna and Cairo have government pension funds with the highest funding levels in Southern Illinois, according to the Illinois Department of Insurance.