Des Plaines Firefighters' Pension Fund
Recent News About Des Plaines Firefighters' Pension Fund
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Report: Des Plaines Firefighters' Pension Fund lost $6,439,819 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Des Plaines Firefighters' Pension Fund lost 9.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Des Plaines Firefighters' Pension Fund would go bankrupt in five years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Des Plaines Firefighters' Pension Fund would have lost $14,679,157 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: Des Plaines pays $5.85 for every $1 pensioners contribute to Des Plaines Firefighters' Pension Fund
Taxpayers contributed 85.3 percent of the $6,025,807 the Des Plaines Firefighters' Pension Fund brought in 2018, or $5.85 for every $1 from pension members.
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Report: 49.3% of Des Plaines Firefighters' Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.3 percent of the Des Plaines 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 Des Plaines Firefighters' Pension Fund earns $97,077 per year
The Des Plaines Firefighters' Pension Fund had 92 active participants receiving an average salary of $97,077 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Des Plaines pays $5.34 for every $1 pensioners contribute to Des Plaines Firefighters' Pension Fund
Taxpayers contributed 84.3 percent of the $5,256,945 the Des Plaines Firefighters' Pension Fund brought in last year, or $5.34 for every $1 from pension members.
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Report: 53.3% of Des Plaines Firefighters' Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.3 percent of the Des Plaines 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 Hanover Park, Glenview and Elgin 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 Hanover Park, Glenview and Elgin would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.