Pekin Firefighters Pension Fund
Recent News About Pekin Firefighters Pension Fund
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Report: Pekin Firefighters Pension Fund gained $2,190,419 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Pekin Firefighters Pension Fund netted 8.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pekin Firefighters Pension Fund would go bankrupt in 18 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Pekin Firefighters Pension Fund would have lost $1,507,665 in 2018, according to a Peoria Standard analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pekin pays $7.57 for every $1 pensioners contribute to Pekin Firefighters Pension Fund
Taxpayers contributed 88.3 percent of the $3,414,370 the Pekin Firefighters Pension Fund brought in 2018, or $7.57 for every $1 from pension members.
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Report: 35.6% of Pekin Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 35.6 percent of the Pekin Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Pekin Firefighters Pension Fund lost $362,128 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Pekin Firefighters Pension Fund lost 1.98 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pekin pays $6.09 for every $1 pensioners contribute to Pekin Firefighters Pension Fund
Taxpayers contributed 85.9 percent of the $2,765,773 the Pekin Firefighters Pension Fund brought in last year, or $6.09 for every $1 from pension members.
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Report: Average pensioner in Pekin Firefighters Pension Fund earns $73,612 per year
The Pekin Firefighters Pension Fund had 52 active participants receiving an average salary of $73,612 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pekin Firefighters Pension Fund would go broke in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Pekin Firefighters Pension Fund lost $3,802,746 in 2016, according to a Peoria Standard analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 39.1% of Pekin Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 39.1 percent of the Pekin 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 12 Metro Peoria pension funds would go bankrupt fastest without subsidies
Pension funds in Peoria, Peoria Heights and Morton 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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Metro Peoria pension funds: Where do taxpayers contribute most?
Government pension funds in Peoria, Pekin and East Peoria 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 Peoria and Pekin depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in Metro Peoria
Pekin, Peoria Heights and Canton have government pension funds with the lowest funding levels in Metro Peoria, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Pekin and Peoria Heights have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.