Minooka Fire Department Firefighters Pension Fund
Recent News About Minooka Fire Department Firefighters Pension Fund
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Report: Minooka FPD Firefighters Pension Fund lost $118,165 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Minooka FPD Firefighters Pension Fund lost 2.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Minooka FPD Firefighters Pension Fund would go bankrupt in 25 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Minooka FPD Firefighters Pension Fund would have lost $194,182 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: Minooka pays $2.89 for every $1 pensioners contribute to Minooka FPD Firefighters Pension Fund
Taxpayers contributed 73.8 percent of the $466,066 the Minooka FPD Firefighters Pension Fund brought in 2018, or $2.89 for every $1 from pension members.
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Report: 108.3% of Minooka FPD Firefighters Pension Fund is funded
With the funds it has on hand outpacing the amount it's obligated to pay pensioners, 108.3 percent of the Minooka FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Minooka FPD Firefighters Pension Fund earns $71,831 per year
The Minooka FPD Firefighters Pension Fund had 14 active participants receiving an average salary of $71,831 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Minooka pays $2.52 for every $1 pensioners contribute to Minooka Fpd Firefighters Pension Fund
Taxpayers contributed 71.4 percent of the $332,934 the Minooka Fpd Firefighters Pension Fund brought in last year, or $2.52 for every $1 from pension members.
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Report: 112.1% of Minooka Fpd Firefighters Pension Fund is funded
With the funds it has on hand outpacing the amount it's obligated to pay pensioners, 112.1 percent of the Minooka Fpd 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 3 Grundy County pension funds would go bankrupt fastest without subsidies
Pension funds in Minooka and Morris would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.