Buffalo Grove Firefighters Pension Fund
Recent News About Buffalo Grove Firefighters Pension Fund View More
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Analysis: Buffalo Grove Firefighters Pension Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Buffalo Grove Firefighters Pension Fund would have lost $5,933,628 in 2018, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Buffalo Grove pays $3.55 for every $1 pensioners contribute to Buffalo Grove Firefighters Pension Fund
Taxpayers contributed 77.6 percent of the $2,445,551 the Buffalo Grove Firefighters Pension Fund brought in 2018, or $3.55 for every $1 from pension members.
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Report: 73.6% of Buffalo Grove Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 73.6 percent of the Buffalo 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: Buffalo Grove Firefighters Pension Fund gained $3,557,060 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Buffalo Grove Firefighters Pension Fund netted 6.34 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 Buffalo Grove Firefighters Pension Fund earns $98,009 per year
The Buffalo Grove Firefighters Pension Fund had 55 active participants receiving an average salary of $98,009 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Buffalo Grove pays $4.19 for every $1 pensioners contribute to Buffalo Grove Firefighters Pension Fund
Taxpayers contributed 81 percent of the $2,673,342 the Buffalo Grove Firefighters Pension Fund brought in last year, or $4.19 for every $1 from pension members.
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Report: 78% of Buffalo Grove Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 78 percent of the Buffalo 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 North Suburbs pension funds would go bankrupt fastest without subsidies
Pension funds in Buffalo Grove, Palatine and Winnetka could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Evanston, Elgin and Arlington Heights depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in North Suburbs
Barrington, Inverness and Bartlett have government pension funds with the highest funding levels in North Suburbs, according to the Illinois Department of Insurance.
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Rankings: 100 best funded pensions in Illinois
Barrington, Inverness and Bartlett have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: North Cook County fire, police pension funds paid $195 million, lost $5 million on investments in 2016
North Cook County’s 61 police and fire pension funds paid out a total of $195,281,518 in benefits to 3,465 retirees and inactive recipients in 2016 while losing $5,495,345 on their investments, according to a North Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.