Collinsville Firefighters Pension Fund
Recent News About Collinsville Firefighters Pension Fund
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Report: Collinsville Firefighters Pension Fund lost $1,524,188 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Collinsville Firefighters Pension Fund lost 7.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Collinsville Firefighters Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Collinsville Firefighters Pension Fund would have lost $3,298,088 in 2018, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Collinsville pays $3.99 for every $1 pensioners contribute to Collinsville Firefighters Pension Fund
Taxpayers contributed 80 percent of the $1,274,683 the Collinsville Firefighters Pension Fund brought in 2018, or $3.99 for every $1 from pension members.
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Report: 74.9% of Collinsville Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 74.9 percent of the Collinsville Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Collinsville Firefighters Pension Fund gained $1,556,401 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Collinsville Firefighters Pension Fund netted 7.39 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 Collinsville Firefighters Pension Fund earns $74,875 per year
The Collinsville Firefighters Pension Fund had 31 active participants receiving an average salary of $74,875 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Collinsville pays $3.45 for every $1 pensioners contribute to Collinsville Firefighters Pension Fund
Taxpayers contributed 77.6 percent of the $1,015,392 the Collinsville Firefighters Pension Fund brought in last year, or $3.45 for every $1 from pension members.
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Report: 75.6% of Collinsville Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 75.6 percent of the Collinsville Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Rankings: 10 best funded pensions in Metro East
Glen Carbon, Belleville and Swansea have government pension funds with the highest funding levels in Metro East, according to the Illinois Department of Insurance.
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Rankings: 100 best funded pensions in Illinois
Glen Carbon, Belleville and Swansea have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.