Freeport Firefighters Pension Fund
Recent News About Freeport Firefighters Pension Fund
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Report: Freeport Firefighters Pension Fund gained $2,646,719 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Freeport Firefighters Pension Fund netted 7.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Freeport Firefighters Pension Fund would go bankrupt in 132 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Freeport Firefighters Pension Fund would have lost $263,779 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: Freeport pays $3.16 for every $1 pensioners contribute to Freeport Firefighters Pension Fund
Taxpayers contributed 76.2 percent of the $1,222,829 the Freeport Firefighters Pension Fund brought in 2018, or $3.16 for every $1 from pension members.
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Report: 68.6% of Freeport Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 68.6 percent of the Freeport Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Freeport Firefighters Pension Fund lost $472,351 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Freeport Firefighters Pension Fund lost 1.80 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 Freeport Firefighters Pension Fund earns $63,417 per year
The Freeport Firefighters Pension Fund had 47 active participants receiving an average salary of $63,417 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Freeport pays $2.54 for every $1 pensioners contribute to Freeport Firefighters Pension Fund
Taxpayers contributed 71.8 percent of the $999,646 the Freeport Firefighters Pension Fund brought in last year, or $2.54 for every $1 from pension members.
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Analysis: Freeport Firefighters Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Freeport Firefighters Pension Fund lost $2,980,287 in 2016, according to a NW Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 74.4% of Freeport Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 74.4 percent of the Freeport Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Northwest Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Freeport, Sterling and Dixon depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in Northwest Illinois
Byron, Freeport and Rochelle have government pension funds with the highest funding levels in Northwest Illinois, according to the Illinois Department of Insurance.
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Rankings: 100 best funded pensions in Illinois
Byron and Freeport have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: Northwest Illinois fire, police pension funds paid $8 million, lost $924K on investments in 2016
Northwest Illinois’ 10 police and fire pension funds paid out a total of $8,100,566 in benefits to 204 retirees and inactive recipients in 2016 while losing $924,236 on their investments, according to a NW Illinois News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.