Riverdale Firefighters Pension Fund
Recent News About Riverdale Firefighters Pension Fund
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Report: Riverdale Firefighters Pension Fund gained $309,597 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Riverdale Firefighters Pension Fund netted 5.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Riverdale pays $1.35 for every $1 pensioners contribute to Riverdale Firefighters Pension Fund
Taxpayers contributed 57 percent of the $243,653 the Riverdale Firefighters Pension Fund brought in 2018, or $1.35 for every $1 from pension members.
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Report: 43.6% of Riverdale Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 43.6 percent of the Riverdale Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Riverdale Firefighters Pension Fund would go bankrupt in 44 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Riverdale Firefighters Pension Fund would have lost $120,546 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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Report: Riverdale Firefighters Pension Fund lost $105,068 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Riverdale Firefighters Pension Fund lost 2.74 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 Riverdale Firefighters Pension Fund earns $76,529 per year
The Riverdale Firefighters Pension Fund had 16 active participants receiving an average salary of $76,529 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Riverdale pays $1.48 for every $1 pensioners contribute to Riverdale Firefighters Pension Fund
Taxpayers contributed 59.5 percent of the $271,984 the Riverdale Firefighters Pension Fund brought in last year, or $1.48 for every $1 from pension members.
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Analysis: Riverdale Firefighters Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Riverdale Firefighters Pension Fund lost $470,413 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: 48% of Riverdale Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48 percent of the Riverdale Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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.