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The fund has $167,046,997 in total assets. If the fund’s annual losses stay the same, it would run out of money in 10 years without these subsidies.
The fund lost $9,573,948 in investment income and other revenue in 2018. At the same time, it paid out $8,661,638 in expenses, according to the 2019 biennial report detailing the health of each of the state’s pension funds and retirement systems. The difference between the two shows the fund’s annual loss without subsidies.
Taxpayers added $9,004,224 to the fund’s revenue last year – an amount that has increased from $7,929,771 five years ago. Members contributed an additional $1,835,003 – $75,449 more than five years ago.
In all, subsidies amounted to $10,839,227 in 2018.
Naperville Firefighters Pension Fund non-subsidy revenue over five years
| Year | Total non-subsidy revenue | Total expenses | Outcome without subsidies |
|---|---|---|---|
| 2018 | -$9,573,948 | $8,661,638 | -$18,235,586 |
| 2017 | $20,259,270 | $7,655,811 | $12,603,459 |
| 2016 | $11,586,943 | $6,547,487 | $5,039,456 |
| 2015 | -$4,543,027 | $3,952,312 | -$8,495,339 |
| 2014 | $12,058,071 | $4,467,158 | $7,590,913 |
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