Hoffman Estates Firefighters Pension Fund
Recent News About Hoffman Estates Firefighters Pension Fund View More
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Report: Hoffman Estates Firefighters Pension Fund lost $4,081,982 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Hoffman Estates Firefighters Pension Fund lost 5.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Hoffman Estates Firefighters Pension Fund would go bankrupt in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Hoffman Estates Firefighters Pension Fund would have lost $9,570,458 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: Schaumburg pays $3.59 for every $1 pensioners contribute to Hoffman Estates Firefighters Pension Fund
Taxpayers contributed 78.1 percent of the $4,188,674 the Hoffman Estates Firefighters Pension Fund brought in 2018, or $3.59 for every $1 from pension members.
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Report: 63% of Hoffman Estates Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63 percent of the Hoffman Estates Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Hoffman Estates Firefighters Pension Fund gained $4,110,681 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Hoffman Estates Firefighters Pension Fund netted 5.22 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 Hoffman Estates Firefighters Pension Fund earns $96,117 per year
The Hoffman Estates Firefighters Pension Fund had 93 active participants receiving an average salary of $96,117 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Schaumburg pays $2.94 for every $1 pensioners contribute to Hoffman Estates Firefighters Pension Fund
Taxpayers contributed 74.4 percent of the $3,851,690 the Hoffman Estates Firefighters Pension Fund brought in last year, or $2.94 for every $1 from pension members.
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Report: 67.8% of Hoffman Estates Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.8 percent of the Hoffman Estates Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Divisi
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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.
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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.