Addison Firefighters Pension Fund
Recent News About Addison Firefighters Pension Fund View More
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Analysis: Addison pays $6.70 for every $1 pensioners contribute to Addison Firefighters Pension Fund
Taxpayers contributed 87.3 percent of the $3,671,517 the Addison Firefighters Pension Fund brought in 2018, or $6.70 for every $1 from pension members.
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Report: 58.1% of Addison Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.1 percent of the Addison Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Addison Firefighters Pension Fund gained $337,336 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Addison Firefighters Pension Fund netted 0.70 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 Addison Firefighters Pension Fund earns $95,210 per year
The Addison Firefighters Pension Fund had 49 active participants receiving an average salary of $95,210 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Addison pays $4.35 for every $1 pensioners contribute to Addison Firefighters Pension Fund
Taxpayers contributed 88.8 percent of the $2,221,285 the Addison Firefighters Pension Fund brought in last year, or $4.35 for every $1 from pension members.
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Analysis: Addison Firefighters Pension Fund would go broke in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Addison Firefighters Pension Fund lost $3,501,853 in 2016, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 61.8% of Addison Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 61.8 percent of the Addison Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: These 3 DuPage County pension funds sustain themselves without subsidies
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.
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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Naperville, Lisle and Elmhurst depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Analysis: DuPage County fire, police pension funds paid $132 million, lost $7 million on investments in 2016
Sixty-five of the 66 DuPage County police and fire pension funds paid out a total of $132,496,530 in benefits to 2,355 retirees and inactive recipients in 2016 while losing $7,568,241 on their investments, according to a DuPage Policy Journal analysis of the funds' mandated financial filings with the Illinois Department of Insurance.