Carpentersville Firefighters Pension Fund
Recent News About Carpentersville Firefighters Pension Fund
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Report: Carpentersville Firefighters Pension Fund lost $876,782 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Carpentersville Firefighters Pension Fund lost 4.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Carpentersville Firefighters Pension Fund would go bankrupt in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Carpentersville Firefighters Pension Fund would have lost $2,183,236 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: Carpentersville pays $4.04 for every $1 pensioners contribute to Carpentersville Firefighters Pension Fund
Taxpayers contributed 79.8 percent of the $1,560,200 the Carpentersville Firefighters Pension Fund brought in 2018, or $4.04 for every $1 from pension members.
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Report: 69% of Carpentersville Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 69 percent of the Carpentersville Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Carpentersville Firefighters Pension Fund gained $1,186,621 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Carpentersville Firefighters Pension Fund netted 5.59 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 Carpentersville Firefighters Pension Fund earns $88,187 per year
The Carpentersville Firefighters Pension Fund had 35 active participants receiving an average salary of $88,187 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Carpentersville pays $3.70 for every $1 pensioners contribute to Carpentersville Firefighters Pension Fund
Taxpayers contributed 78.8 percent of the $1,405,824 the Carpentersville Firefighters Pension Fund brought in last year, or $3.70 for every $1 from pension members.
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Report: 72% of Carpentersville Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 72 percent of the Carpentersville 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.
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[CORRECTION] Analysis: Kane County fire, police pension funds paid out $53 million, made $2 million on investments in 2016
Thirty-four of the 35 Kane County police and fire pension funds paid out a total of $53,761,339 in benefits to 966 retirees and inactive recipients in 2016 while gaining $2,148,587 on their investments, according to a Kane County Reporter analysis of the funds' mandated financial filings with the Illinois Department of Insurance.