Monmouth Firefighters Pension Fund
Recent News About Monmouth Firefighters Pension Fund
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Report: Monmouth Firefighters Pension Fund gained $276,874 in investment income in 2018
After projecting its investments would grow by 6 percent, the Monmouth Firefighters Pension Fund netted 4.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Monmouth Firefighters Pension Fund would go bankrupt in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Monmouth Firefighters Pension Fund would have lost $463,603 in 2018, according to a Galesburg Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Monmouth pays $7.43 for every $1 pensioners contribute to Monmouth Firefighters Pension Fund
Taxpayers contributed 88.1 percent of the $720,272 the Monmouth Firefighters Pension Fund brought in 2018, or $7.43 for every $1 from pension members.
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Report: 38.9% of Monmouth Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 38.9 percent of the Monmouth Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Monmouth Firefighters Pension Fund gained $9,241 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Monmouth Firefighters Pension Fund lost 0.17 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 Monmouth Firefighters Pension Fund earns $55,735 per year
The Monmouth Firefighters Pension Fund had 15 active participants receiving an average salary of $55,735 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Monmouth pays $7.93 for every $1 pensioners contribute to Monmouth Firefighters Pension Fund
Taxpayers contributed 88.8 percent of the $706,320 the Monmouth Firefighters Pension Fund brought in last year, or $7.93 for every $1 from pension members.
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Analysis: Monmouth Firefighters Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Monmouth Firefighters Pension Fund lost $703,760 in 2016, according to a Galesburg Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 38.2% of Monmouth Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 38.2 percent of the Monmouth Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Greater Galesburg pension funds: Where do taxpayers contribute least?
Government pension funds in Monmouth and Galesburg depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Greater Galesburg pension funds: Where do taxpayers contribute most?
Government pension funds in Galesburg and Monmouth depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 3 best funded pensions in Greater Galesburg
Monmouth and Galesburg have government pension funds with the highest funding levels in Greater Galesburg, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Monmouth has a government pension fund that has one of the lowest funding levels in Illinois, according to the Illinois Department of Insurance.