Waukegan Firefighters Pension Fund
Recent News About Waukegan Firefighters Pension Fund View More
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Report: Waukegan Firefighters Pension Fund gained $5,409,473 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Waukegan Firefighters Pension Fund netted 7.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Waukegan pays $5.94 for every $1 pensioners contribute to Waukegan Firefighters Pension Fund
Taxpayers contributed 84.7 percent of the $7,027,704 the Waukegan Firefighters Pension Fund brought in 2018, or $5.94 for every $1 from pension members.
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Report: 48.9% of Waukegan Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.9 percent of the Waukegan Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Waukegan Firefighters Pension Fund would go bankrupt in 64 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Waukegan Firefighters Pension Fund would have lost $1,125,070 in 2018, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Waukegan Firefighters Pension Fund earns $89,306 per year
The Waukegan Firefighters Pension Fund had 115 active participants receiving an average salary of $89,306 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Waukegan Firefighters Pension Fund gained $82,132 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Waukegan Firefighters Pension Fund lost 0.06 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Waukegan pays $4.37 for every $1 pensioners contribute to Waukegan Firefighters Pension Fund
Taxpayers contributed 81.3 percent of the $5,413,950 the Waukegan Firefighters Pension Fund brought in last year, or $4.37 for every $1 from pension members.
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Analysis: Waukegan Firefighters Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Waukegan Firefighters Pension Fund lost $5,801,802 in 2016, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 49.6% of Waukegan Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.6 percent of the Waukegan 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 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.
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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.
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Illinois 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.
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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.