Rolling Meadows Firefighters Pension Fund
Recent News About Rolling Meadows Firefighters Pension Fund View More
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Report: Rolling Meadows Firefighters Pension Fund lost $1,256,951 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Rolling Meadows Firefighters Pension Fund lost 4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rolling Meadows Firefighters Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Rolling Meadows Firefighters Pension Fund would have lost $5,120,271 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: Rolling Meadows pays $8.98 for every $1 pensioners contribute to Rolling Meadows Firefighters Pension Fund
Taxpayers contributed 90 percent of the $4,210,449 the Rolling Meadows Firefighters Pension Fund brought in 2018, or $8.98 for every $1 from pension members.
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Report: 45.8% of Rolling Meadows Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.8 percent of the Rolling Meadows Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Rolling Meadows Firefighters Pension Fund gained $2,073,818 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Rolling Meadows Firefighters Pension Fund netted 6.92 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 Rolling Meadows Firefighters Pension Fund earns $99,897 per year
The Rolling Meadows Firefighters Pension Fund had 41 active participants receiving an average salary of $99,897 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rolling Meadows pays $7.96 for every $1 pensioners contribute to Rolling Meadows Firefighters Pension Fund
Taxpayers contributed 88.8 percent of the $3,652,767 the Rolling Meadows Firefighters Pension Fund brought in last year, or $7.96 for every $1 from pension members.
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Report: 44.8% of Rolling Meadows Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44.8 percent of the Rolling Meadows 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.
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Rankings: 10 worst funded pensions in North Suburbs
Glencoe, Niles and Rolling Meadows have government pension funds with the lowest funding levels in North Suburbs, according to the Illinois Department of Insurance.