Dixon Community Fpd Firefighter Pension Fund
Recent News About Dixon Community Fpd Firefighter Pension Fund
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Report: Dixon Community FPD Firefighter Pension Fund lost $119,386 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Dixon Community FPD Firefighter Pension Fund lost 2.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Dixon Community FPD Firefighter Pension Fund would go bankrupt in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Dixon Community FPD Firefighter Pension Fund would have lost $430,544 in 2018, according to a NW Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Dixon pays $10.80 for every $1 pensioners contribute to Dixon Community FPD Firefighter Pension Fund
Taxpayers contributed 91.5 percent of the $447,951 the Dixon Community FPD Firefighter Pension Fund brought in 2018, or $10.80 for every $1 from pension members.
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Report: 57.5% of Dixon Community FPD Firefighter Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.5 percent of the Dixon Community FPD Firefighter Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.