Roselle Firefighters Pension Fund
Recent News About Roselle Firefighters Pension Fund
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Report: Roselle Firefighters Pension Fund lost $178,813 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Roselle Firefighters Pension Fund lost 2.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Roselle Firefighters Pension Fund would go bankrupt in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Roselle Firefighters Pension Fund would have lost $556,222 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: Roselle pays $3.16 for every $1 pensioners contribute to Roselle Firefighters Pension Fund
Taxpayers contributed 75.5 percent of the $422,555 the Roselle Firefighters Pension Fund brought in 2018, or $3.16 for every $1 from pension members.
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Report: 63.9% of Roselle Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63.9 percent of the Roselle Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Roselle Firefighters Pension Fund gained $305,207 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Roselle Firefighters Pension Fund netted 4.46 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 Roselle Firefighters Pension Fund earns $89,636 per year
The Roselle Firefighters Pension Fund had 12 active participants receiving an average salary of $89,636 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Roselle pays $2.86 for every $1 pensioners contribute to Roselle Firefighters Pension Fund
Taxpayers contributed 74.1 percent of the $390,831 the Roselle Firefighters Pension Fund brought in last year, or $2.86 for every $1 from pension members.
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Report: 69.1% of Roselle Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 69.1 percent of the Roselle Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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DuPage County pension funds: Where do taxpayers contribute least?
Government pension funds in Clarendon Hills, Lombard and Oakbrook Terrace depended least 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.