Granite City Firefighters Pension Fund
Recent News About Granite City Firefighters Pension Fund
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Report: Granite City Firefighters Pension Fund C/O Gail Va gained $898,733 in investment income in 2018
After projecting its investments would grow by 6 percent, the Granite City Firefighters Pension Fund C/O Gail Va netted 3.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Granite City Firefighters Pension Fund C/O Gail Va would go bankrupt in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Granite City Firefighters Pension Fund C/O Gail Va would have lost $2,577,315 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: Granite City pays $29.81 for every $1 pensioners contribute to Granite City Firefighters Pension Fund C/O Gail Va
Taxpayers contributed 96.8 percent of the $11,266,892 the Granite City Firefighters Pension Fund C/O Gail Va brought in 2018, or $29.81 for every $1 from pension members.
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Report: 33.9% of Granite City Firefighters Pension Fund C/O Gail Va is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 33.9 percent of the Granite City Firefighters Pension Fund C/O Gail Va is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Granite City Firefighters Pension Fund C/O Gail Va lost $133,597 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Granite City Firefighters Pension Fund C/O Gail Va lost 1.38 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 Granite City Firefighters Pension Fund C/O Gail Va earns $71,696 per year
The Granite City Firefighters Pension Fund C/O Gail Va had 53 active participants receiving an average salary of $71,696 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Granite City pays $3.65 for every $1 pensioners contribute to Granite City Firefighters Pension Fund C/O Gail Va
Taxpayers contributed 78.5 percent of the $1,684,388 the Granite City Firefighters Pension Fund C/O Gail Va brought in last year, or $3.65 for every $1 from pension members.
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Analysis: Granite City Firefighters Pension Fund C/O Gail Va would go broke in five years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Granite City Firefighters Pension Fund C/O Gail Va lost $3,422,364 in 2016, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 26.3% of Granite City Firefighters Pension Fund C/O Gail Va is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 26.3 percent of the Granite City Firefighters Pension Fund C/O Gail Va fund is funded, according to the latest data reported to the Illinois Department of Insurance Pensi