Batavia Firefighters Pension Fund
Recent News About Batavia Firefighters Pension Fund
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Analysis: Batavia Firefighters Pension Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Batavia Firefighters Pension Fund would have lost $1,813,983 in 2018, according to a Kane County Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Batavia pays $3.87 for every $1 pensioners contribute to Batavia Firefighters Pension Fund
Taxpayers contributed 79.2 percent of the $1,063,722 the Batavia Firefighters Pension Fund brought in 2018, or $3.87 for every $1 from pension members.
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Report: 64.4% of Batavia Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 64.4 percent of the Batavia Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Batavia Firefighters Pension Fund gained $871,167 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Batavia Firefighters Pension Fund netted 5.43 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 Batavia Firefighters Pension Fund earns $95,416 per year
The Batavia Firefighters Pension Fund had 20 active participants receiving an average salary of $95,416 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Batavia pays $3.87 for every $1 pensioners contribute to Batavia Firefighters Pension Fund
Taxpayers contributed 79.3 percent of the $1,015,266 the Batavia Firefighters Pension Fund brought in last year, or $3.87 for every $1 from pension members.
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Report: 71% of Batavia Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 71 percent of the Batavia 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 Kane County pension funds sustain themselves without subsidies
Pension funds in Sugar Grove, Carpentersville and Batavia 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: Which Kane County pension funds would go bankrupt fastest without subsidies?
Pension funds in Elgin, Aurora and Batavia 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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Kane County pension funds: Where do taxpayers contribute most?
Government pension funds in Aurora, Elgin and Carpentersville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in Kane County
St. Charles, Montgomery and Elburn have government pension funds with the highest funding levels in Kane County, according to the Illinois Department of Insurance.