Springfield Firefighter's Pension Fund
Recent News About Springfield Firefighter's Pension Fund View More
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Report: Springfield Firefighter's Pension Fund gained $11,835,326 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Springfield Firefighter's Pension Fund netted 8.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Springfield Firefighter's Pension Fund would go bankrupt in 39 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Springfield Firefighter's Pension Fund would have lost $3,525,011 in 2018, according to a Sangamon Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Springfield pays $6.59 for every $1 pensioners contribute to Springfield Firefighter's Pension Fund
Taxpayers contributed 86.8 percent of the $12,885,170 the Springfield Firefighter's Pension Fund brought in 2018, or $6.59 for every $1 from pension members.
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Report: 44.8% of Springfield Firefighter's 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 Springfield Firefighter's Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Springfield Firefighter's Pension Fund lost $5,701,448 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Springfield Firefighter's Pension Fund lost 5.33 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 Springfield Firefighter's Pension Fund earns $77,184 per year
The Springfield Firefighter's Pension Fund had 215 active participants receiving an average salary of $77,184 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Springfield pays $5.76 for every $1 pensioners contribute to Springfield Firefighter's Pension Fund
Taxpayers contributed 85.1 percent of the $11,506,735 the Springfield Firefighter's Pension Fund brought in last year, or $5.76 for every $1 from pension members.
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Analysis: Springfield Firefighter's Pension Fund would go broke in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Springfield Firefighter's Pension Fund lost $19,726,718 in 2016, according to a Sangamon Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 45.4% of Springfield Firefighter's Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.4 percent of the Springfield Firefighter's 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 4 Metro Springfield pension funds would go bankrupt fastest without subsidies
Pension funds in Lincoln and Springfield would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.