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This report presents the annual actuarial valuation of the Niles Police Pension Fund, determining the funding requirements to provide the prescribed benefits for the applicable plan year. It reflects
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How to fill out niles police pension fund

01
Obtain the Niles Police Pension Fund application form from the official Niles Police Department website or office.
02
Carefully read the instructions provided with the application form.
03
Fill out your personal information, including your full name, address, date of birth, and employment details.
04
Provide details of your service history, including the number of years served and any relevant positions held.
05
Attach any required documentation, such as proof of employment or identification.
06
Review your application for accuracy to ensure all information is correct and complete.
07
Submit the completed application form and all attachments to the designated office via mail or in-person.

Who needs niles police pension fund?

01
Current Niles police officers looking to secure their retirement benefits.
02
Retired Niles police officers who wish to access their pension funds.
03
Families of deceased police officers seeking benefits from the pension fund.
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The Niles Police Pension Fund is a retirement savings program established for police officers in Niles, designed to provide financial security and benefits after retirement.
Typically, active police officers in the Niles police department are required to contribute to and file with the Niles Police Pension Fund.
Filling out the Niles Police Pension Fund typically involves completing specific forms provided by the pension office, disclosing personal and employment information, and possibly providing documentation of service.
The purpose of the Niles Police Pension Fund is to provide retirement income and benefits to police officers who have served in the department, ensuring their financial stability in retirement.
Information that must be reported typically includes personal identification details, years of service, salary history, and any other relevant employment-related data as prescribed by the pension fund guidelines.
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Niles Police Pension Fund actuarial valuation statutory minimum contribution Illinois Pension Code funding requirements public pension plans actuarial assumptions benefit payments funded ratio unfunded accrued liability

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