Joliet Firefighters Pension Fund
Recent News About Joliet Firefighters Pension Fund
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Report: Joliet Firefighters Pension Fund lost $6,316,403 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Joliet Firefighters Pension Fund lost 4.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Joliet Firefighters Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Joliet Firefighters Pension Fund would have lost $18,776,363 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: Joliet pays $5.71 for every $1 pensioners contribute to Joliet Firefighters Pension Fund
Taxpayers contributed 85.1 percent of the $14,822,246 the Joliet Firefighters Pension Fund brought in 2018, or $5.71 for every $1 from pension members.
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Report: 53.8% of Joliet Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.8 percent of the Joliet 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 Joliet Firefighters Pension Fund earns $110,558 per year
The Joliet Firefighters Pension Fund had 202 active participants receiving an average salary of $110,558 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Joliet Firefighters Pension Fund gained $9,446,027 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Joliet Firefighters Pension Fund netted 6.73 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Joliet pays $5.68 for every $1 pensioners contribute to Joliet Firefighters Pension Fund
Taxpayers contributed 85 percent of the $14,516,079 the Joliet Firefighters Pension Fund brought in last year, or $5.68 for every $1 from pension members.
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Report: 53.9% of Joliet Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.9 percent of the Joliet 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 4 Will County pension funds sustain themselves without subsidies
Pension funds in Peotone, New Lenox and Mokena could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 20 Will County pension funds would go bankrupt fastest without subsidies
Pension funds in Mokena, Joliet and Frankfort 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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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Mokena, Joliet and Frankfort 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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Will County pension funds: Where do taxpayers contribute most?
Government pension funds in Joliet, Bolingbrook and Romeoville depended most 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 most?
Government pension funds in Joliet and Bolingbrook depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in Will County
Peotone, Manhattan and Monee have government pension funds with the lowest funding levels in Will County, according to the Illinois Department of Insurance.
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Analysis: Will County fire, police pension funds paid $40 million, lost $647K on investments in 2016
Will County’s 38 police and fire pension funds paid out a total of $40,749,996 in benefits to 667 retirees and inactive recipients in 2016 while losing $647,696 on their investments, according to a Will County Gazette analysis of the funds' mandated financial filings with the Illinois Department of Insurance.