In fiscal year 2024, Bensenville held the 106th highest for per-household police and fire pension debt in Illinois, reaching $8,613, according to the Illinois Department of Insurance.
In fiscal year 2024, the Bensenville Firefighters Pension Fund placed 348th for underfunding among Illinois pension systems, holding just 69.4% of the assets needed to meet promised retirement benefits, data from the Illinois Department of Insurance shows.
Taxpayers contributed 79.1 percent of the $1,020,213 the Bensenville Firefighters Pension Fund brought in 2018, or $3.82 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 33.8 percent of the Bensenville Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
After projecting its investments would grow by 6.75 percent, the Bensenville Firefighters Pension Fund netted 6.47 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
The Bensenville Firefighters Pension Fund had 22 active participants receiving an average salary of $90,331 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 82.9 percent of the $1,182,160 the Bensenville Firefighters Pension Fund brought in last year, or $4.75 for every $1 from pension members.
Without members and taxpayers subsidizing its revenue, Bensenville Firefighters Pension Fund lost $799,601 in 2016, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 38.5 percent of the Bensenville Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Pension funds in West Chicago, Naperville and Wood Dale would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
Pension funds in Lombard, Oakbrook Terrace and Oak Brook would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.