Streamwood Firefighters Pension Fund
Recent News About Streamwood Firefighters Pension Fund
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Report: Streamwood Firefighters Pension Fund lost $2,898,107 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Streamwood Firefighters Pension Fund lost 8.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Streamwood Firefighters Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Streamwood Firefighters Pension Fund would have lost $5,002,903 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: Streamwood pays $4.07 for every $1 pensioners contribute to Streamwood Firefighters Pension Fund
Taxpayers contributed 80.3 percent of the $2,205,772 the Streamwood Firefighters Pension Fund brought in 2018, or $4.07 for every $1 from pension members.
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Report: 74% of Streamwood Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 74 percent of the Streamwood Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Streamwood Firefighters Pension Fund gained $2,680,577 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Streamwood Firefighters Pension Fund netted 7.40 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 Streamwood Firefighters Pension Fund earns $84,485 per year
The Streamwood Firefighters Pension Fund had 50 active participants receiving an average salary of $84,485 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Streamwood pays $3.75 for every $1 pensioners contribute to Streamwood Firefighters Pension Fund
Taxpayers contributed 79 percent of the $1,866,575 the Streamwood Firefighters Pension Fund brought in last year, or $3.75 for every $1 from pension members.
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Report: 79.1% of Streamwood Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 79.1 percent of the Streamwood Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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.