Godfrey Paid Firefighters Pension Fund
Recent News About Godfrey Paid Firefighters Pension Fund
-
Report: Godfrey Paid Firefighters Pension Fund gained $367,211 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Godfrey Paid Firefighters Pension Fund netted 4.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Godfrey Paid Firefighters Pension Fund would go bankrupt in 49 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Godfrey Paid Firefighters Pension Fund would have lost $153,929 in 2018, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Godfrey pays $4.78 for every $1 pensioners contribute to Godfrey Paid Firefighters Pension Fund
Taxpayers contributed 82.7 percent of the $680,273 the Godfrey Paid Firefighters Pension Fund brought in 2018, or $4.78 for every $1 from pension members.
-
Report: 65.6% of Godfrey Paid Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 65.6 percent of the Godfrey Paid Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: Godfrey Paid Firefighters Pension Fund lost $5,644 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Godfrey Paid Firefighters Pension Fund lost 0.37 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
Report: Average pensioner in Godfrey Paid Firefighters Pension Fund earns $66,307 per year
The Godfrey Paid Firefighters Pension Fund had 18 active participants receiving an average salary of $66,307 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Godfrey pays $2.78 for every $1 pensioners contribute to Godfrey Paid Firefighters Pension Fund
Taxpayers contributed 73.6 percent of the $461,579 the Godfrey Paid Firefighters Pension Fund brought in last year, or $2.78 for every $1 from pension members.
-
Analysis: Godfrey Paid Firefighters Pension Fund would go broke in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Godfrey Paid Firefighters Pension Fund lost $483,422 in 2016, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: 67.2% of Godfrey Paid Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.2 percent of the Godfrey Paid Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.