Geneva Firefighters Pension Fund
Recent News About Geneva Firefighters Pension Fund
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Report: Geneva Firefighters Pension Fund gained $1,084,450 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Geneva Firefighters Pension Fund netted 7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Geneva pays $2.94 for every $1 pensioners contribute to Geneva Firefighters Pension Fund
Taxpayers contributed 74.2 percent of the $698,396 the Geneva Firefighters Pension Fund brought in 2018, or $2.94 for every $1 from pension members.
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Report: 70% of Geneva Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 70 percent of the Geneva Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Geneva Firefighters Pension Fund Board met January 16
Geneva Firefighters Pension Fund Board met Thursday, Jan. 16.
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Geneva Firefighters Pension Fund Board met April 15
Geneva Firefighters Pension Fund Board met Monday, April 15.
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Report: Geneva Firefighters Pension Fund lost $323,790 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Geneva Firefighters Pension Fund lost 2.76 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 Geneva Firefighters Pension Fund earns $95,037 per year
The Geneva Firefighters Pension Fund had 20 active participants receiving an average salary of $95,037 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Geneva pays $1.88 for every $1 pensioners contribute to Geneva Firefighters Pension Fund
Taxpayers contributed 65.1 percent of the $546,768 the Geneva Firefighters Pension Fund brought in last year, or $1.88 for every $1 from pension members.
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Analysis: Geneva Firefighters Pension Fund would go broke in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Geneva Firefighters Pension Fund lost $834,234 in 2016, according to a Kane County Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 75.7% of Geneva Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 75.7 percent of the Geneva 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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Analysis: These 200 Illinois 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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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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Rankings: 100 best funded pensions in Illinois
St. Charles, Montgomery and Elburn have government pension funds with the highest funding levels in Illinois, 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.
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Geneva Firefighters Pension Fund Board to consider 2017 tax levy request
The Geneva Firefighters Pension Fund Board will meet at 11 a.m. Wednesday, Oct. 26, in the Geneva Fire Department Conference Room at 200 E. Side Drive.