Oak Brook Firefighters Pension Fund
Recent News About Oak Brook Firefighters Pension Fund
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Report: Oak Brook Firefighters Pension Fund lost $1,202,678 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Oak Brook Firefighters Pension Fund lost 4.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oak Brook Firefighters Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Oak Brook Firefighters Pension Fund would have lost $4,057,096 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: Oak Brook pays $6.88 for every $1 pensioners contribute to Oak Brook Firefighters Pension Fund
Taxpayers contributed 87.2 percent of the $2,367,616 the Oak Brook Firefighters Pension Fund brought in 2018, or $6.88 for every $1 from pension members.
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Report: 51.9% of Oak Brook Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 51.9 percent of the Oak Brook Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Oak Brook Firefighters Pension Fund earns $91,109 per year
The Oak Brook Firefighters Pension Fund had 32 active participants receiving an average salary of $91,109 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Oak Brook Firefighters Pension Fund gained $1,868,962 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Oak Brook Firefighters Pension Fund netted 7.31 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oak Brook pays $6.58 for every $1 pensioners contribute to Oak Brook Firefighters Pension Fund
Taxpayers contributed 88 percent of the $2,046,712 the Oak Brook Firefighters Pension Fund brought in last year, or $6.58 for every $1 from pension members.
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Report: 55.9% of Oak Brook Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55.9 percent of the Oak Brook 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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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.