Government
Wheaton Firefighters Pension Fund Board met September 25
Wheaton Firefighters Pension Fund Board: met Wednesday, Sept. 25.
Wheaton Firefighters Pension Fund
Recent News About Wheaton Firefighters Pension Fund
Government
Report: 73.1% of Wheaton Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 73.1 percent of the Wheaton Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Government
Analysis: Wheaton Firefighters Pension Fund would go bankrupt in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Wheaton Firefighters Pension Fund would have lost $2,665,994 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
Government
Analysis: Wheaton pays $5.89 for every $1 pensioners contribute to Wheaton Firefighters Pension Fund
Taxpayers contributed 85.5 percent of the $1,744,257 the Wheaton Firefighters Pension Fund brought in 2018, or $5.89 for every $1 from pension members.
Government
Report: Wheaton Firefighters Pension Fund lost $1,542,573 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Wheaton Firefighters Pension Fund lost 5.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
Government
Wheaton Firefighters Pension Fund places 600th for underfunding among Illinois police and fire pensions in 2024
The Wheaton Firefighters Pension Fund reported unfunded liabilities of -$1,057,154 in 2024, leaving the system -1.8% short of having enough assets to fully meet its retirement benefit commitments.
Government
Wheaton's police and fire pension debts per household hit $278 in FY 2024 — 13th lowest in Illinois
In fiscal year 2024, Wheaton held the 13th lowest for per-household police and fire pension debt in Illinois, reaching $278, according to the Illinois Department of Insurance.