Schaumburg Firefighters Pension Fund
Recent News About Schaumburg Firefighters Pension Fund View More
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Report: Schaumburg Firefighters Pension Fund gained $8,029,731 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Schaumburg Firefighters Pension Fund netted 6.6 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Schaumburg Firefighters Pension Fund would go bankrupt in 797 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Schaumburg Firefighters Pension Fund would have lost $149,820 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 $3.95 for every $1 pensioners contribute to Schaumburg Firefighters Pension Fund
Taxpayers contributed 79.8 percent of the $5,501,977 the Schaumburg Firefighters Pension Fund brought in 2018, or $3.95 for every $1 from pension members.
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Report: 63.3% of Schaumburg Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63.3 percent of the Schaumburg Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Schaumburg Firefighters Pension Fund lost $2,761,881 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Schaumburg Firefighters Pension Fund lost 2.80 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 Schaumburg Firefighters Pension Fund earns $94,986 per year
The Schaumburg Firefighters Pension Fund had 122 active participants receiving an average salary of $94,986 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Schaumburg pays $3.51 for every $1 pensioners contribute to Schaumburg Firefighters Pension Fund
Taxpayers contributed 77.7 percent of the $4,842,401 the Schaumburg Firefighters Pension Fund brought in last year, or $3.51 for every $1 from pension members.
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Analysis: Schaumburg Firefighters Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Schaumburg Firefighters Pension Fund lost $9,891,155 in 2016, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 66.2% of Schaumburg Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 66.2 percent of the Schaumburg 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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North Suburbs 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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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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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.