Zion Firefighters Pension Fund
Recent News About Zion Firefighters Pension Fund View More
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Report: Zion Firefighters Pension Fund gained $1,013,911 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Zion Firefighters Pension Fund netted 5.6 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Zion pays $4.21 for every $1 pensioners contribute to Zion Firefighters Pension Fund
Taxpayers contributed 80.8 percent of the $1,232,695 the Zion Firefighters Pension Fund brought in 2018, or $4.21 for every $1 from pension members.
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Report: 48.7% of Zion Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.7 percent of the Zion Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Zion Firefighters Pension Fund would go bankrupt in 23 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Zion Firefighters Pension Fund would have lost $735,661 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: Zion Firefighters Pension Fund lost $197,423 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Zion Firefighters Pension Fund lost 1.84 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 Zion Firefighters Pension Fund earns $91,529 per year
The Zion Firefighters Pension Fund had 26 active participants receiving an average salary of $91,529 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Zion pays $3.94 for every $1 pensioners contribute to Zion Firefighters Pension Fund
Taxpayers contributed 79.8 percent of the $1,167,539 the Zion Firefighters Pension Fund brought in last year, or $3.94 for every $1 from pension members.
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Analysis: Zion Firefighters Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Zion Firefighters Pension Fund lost $1,627,742 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: 54.5% of Zion Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.5 percent of the Zion 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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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.