Channahon Fire Protection District Firefighters Pe
Recent News About Channahon Fire Protection District Firefighters Pe View More
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Report: Channahon Fire Protection District Firefighters Pension Fund lost $190,278 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Channahon Fire Protection District Firefighters Pension Fund lost 3.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Channahon Fire Protection District Firefighters Pension Fund would go bankrupt in 21 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Channahon Fire Protection District Firefighters Pension Fund would have lost $310,501 in 2018, according to a Will County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Channahon pays $3.28 for every $1 pensioners contribute to Channahon Fire Protection District Firefighters Pension Fund
Taxpayers contributed 76 percent of the $544,366 the Channahon Fire Protection District Firefighters Pension Fund brought in 2018, or $3.28 for every $1 from pension members.
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Report: 171.6% of Channahon Fire Protection District Firefighters Pension Fund is funded
With the funds it has on hand outpacing the amount it's obligated to pay pensioners, 171.6 percent of the Channahon Fire Protection District Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.