Coal City Firefighters Pension Fund
Recent News About Coal City Firefighters Pension Fund View More
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Report: Coal City Firefighter's Pension Fund gained $6,317 in investment income in 2018
After projecting its investments would grow by 5 percent, the Coal City Firefighter's Pension Fund lost 0 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Coal City Firefighter's Pension Fund would go bankrupt in 233 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Coal City Firefighter's Pension Fund would have lost $7,133 in 2018, according to a Grundy Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Coal City pays $3.21 for every $1 pensioners contribute to Coal City Firefighter's Pension Fund
Taxpayers contributed 76.3 percent of the $257,970 the Coal City Firefighter's Pension Fund brought in 2018, or $3.21 for every $1 from pension members.
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Report: 89.7% of Coal City Firefighter's Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 89.7 percent of the Coal City Firefighter's Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.