Lake Zurich Firefighters Pension Fund
Recent News About Lake Zurich Firefighters Pension Fund View More
-
Report: Lake Zurich Firefighters Pension Fund lost $1,474,160 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Lake Zurich Firefighters Pension Fund lost 4.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Lake Zurich Firefighters Pension Fund would go bankrupt in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Lake Zurich Firefighters Pension Fund would have lost $2,957,259 in 2018, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Lake Zurich pays $4.67 for every $1 pensioners contribute to Lake Zurich Firefighters Pension Fund
Taxpayers contributed 82.7 percent of the $2,786,544 the Lake Zurich Firefighters Pension Fund brought in 2018, or $4.67 for every $1 from pension members.
-
Report: 62.1% of Lake Zurich Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 62.1 percent of the Lake Zurich Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: Lake Zurich Firefighters Pension Fund gained $790,722 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Lake Zurich Firefighters Pension Fund netted 2.60 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
Report: Average pensioner in Lake Zurich Firefighters Pension Fund earns $95,046 per year
The Lake Zurich Firefighters Pension Fund had 56 active participants receiving an average salary of $95,046 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Lake Zurich pays $5.81 for every $1 pensioners contribute to Lake Zurich Firefighters Pension Fund
Taxpayers contributed 85.4 percent of the $2,237,770 the Lake Zurich Firefighters Pension Fund brought in last year, or $5.81 for every $1 from pension members.
-
Report: 64.3% of Lake Zurich Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 64.3 percent of the Lake Zurich Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: These 4 Lake County pension funds sustain themselves without subsidies
Pension funds in Lake Zurich, Lincolnshire and Long Grove could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
-
Lake County pension funds: Where do taxpayers contribute most?
Government pension funds in Waukegan, Highland Park and Libertyville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
-
Analysis: Lake County fire, police pension funds paid $67 million, made $618K on investments in 2016
Fifty-one of the 54 Lake County police and fire pension funds paid out a total of $67,965,895 in benefits to 1,310 retirees and inactive recipients in 2016 while gaining $618,166 on their investments, according to a Lake County Gazette analysis of the funds' mandated financial filings with the Illinois Department of Insurance.