Downers Grove Firefighters Pension Fund
Recent News About Downers Grove Firefighters Pension Fund
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Report: Downers Grove Firefighters Pension Fund lost $1,991,731 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Downers Grove Firefighters Pension Fund lost 3.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Downers Grove Firefighters Pension Fund would go bankrupt in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Downers Grove Firefighters Pension Fund would have lost $6,513,633 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Downers Grove pays $4.78 for every $1 pensioners contribute to Downers Grove Firefighters Pension Fund
Taxpayers contributed 82.5 percent of the $4,158,744 the Downers Grove Firefighters Pension Fund brought in 2018, or $4.78 for every $1 from pension members.
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Report: 51.4% of Downers Grove Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 51.4 percent of the Downers Grove Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Downers Grove Firefighters Pension Fund gained $3,123,172 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Downers Grove Firefighters Pension Fund netted 6.26 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 Downers Grove Firefighters Pension Fund earns $93,338 per year
The Downers Grove Firefighters Pension Fund had 75 active participants receiving an average salary of $93,338 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Downers Grove pays $4.29 for every $1 pensioners contribute to Downers Grove Firefighters Pension Fund
Taxpayers contributed 81.4 percent of the $3,497,763 the Downers Grove Firefighters Pension Fund brought in last year, or $4.29 for every $1 from pension members.
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Report: 56.1% of Downers Grove Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.1 percent of the Downers Grove 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 20 DuPage County pension funds would go bankrupt fastest without subsidies
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.
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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
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.
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DuPage County 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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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.