Glenwood Firefighters Pension Fund
Recent News About Glenwood Firefighters Pension Fund
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Report: Glenwood Firefighters Pension Fund gained $20,391 in investment income in 2018
After projecting its investments would grow by 5 percent, the Glenwood Firefighters Pension Fund netted 0.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glenwood Firefighters Pension Fund would go bankrupt in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Glenwood Firefighters Pension Fund would have lost $206,836 in 2018, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glenwood pays $7.04 for every $1 pensioners contribute to Glenwood Firefighters Pension Fund
Taxpayers contributed 85.6 percent of the $200,715 the Glenwood Firefighters Pension Fund brought in 2018, or $7.04 for every $1 from pension members.
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Report: 48.4% of Glenwood Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.4 percent of the Glenwood Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Glenwood Firefighters Pension Fund gained $54,650 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Glenwood Firefighters Pension Fund netted 1.98 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 Glenwood Firefighters Pension Fund earns $78,133 per year
The Glenwood Firefighters Pension Fund had 3 active participants receiving an average salary of $78,133 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glenwood pays $3.17 for every $1 pensioners contribute to Glenwood Firefighters Pension Fund
Taxpayers contributed 76.2 percent of the $100,214 the Glenwood Firefighters Pension Fund brought in last year, or $3.17 for every $1 from pension members.
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Analysis: Glenwood Firefighters Pension Fund would go broke in 15 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Glenwood Firefighters Pension Fund lost $160,832 in 2016, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 52% of Glenwood Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52 percent of the Glenwood 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 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Palos Heights, Burbank and La Grange would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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South Suburbs pension funds: Where do taxpayers contribute least?
Government pension funds in Sauk Village, South Chicago Heights and Robbins depended least 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 least?
Government pension funds in Sauk Village, South Chicago Heights and Robbins depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Analysis: South Cook County fire, police pension funds paid $100 million, lost $5 million on investments in 2016
Seventy-five of South Cook County’s 80 police and fire pension funds paid out a total of $100.2 million in benefits to 1,979 retirees and inactive recipients in 2016 while losing $5,109,268 on their investments, according to a South Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.