Duquoin Firefighters Pension Fund
Recent News About Duquoin Firefighters Pension Fund
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Report: Duquoin Firefighters Pension Fund lost $95,130 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Duquoin Firefighters Pension Fund lost 3.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Duquoin Firefighters Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Duquoin Firefighters Pension Fund would have lost $448,932 in 2018, according to a SW Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Du Quoin pays $7.35 for every $1 pensioners contribute to Duquoin Firefighters Pension Fund
Taxpayers contributed 88 percent of the $341,283 the Duquoin Firefighters Pension Fund brought in 2018, or $7.35 for every $1 from pension members.
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Report: 40% of Duquoin Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 40 percent of the Duquoin Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Duquoin Firefighters Pension Fund gained $139,837 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Duquoin Firefighters Pension Fund netted 4.86 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 Duquoin Firefighters Pension Fund earns $59,717 per year
The Duquoin Firefighters Pension Fund had 7 active participants receiving an average salary of $59,717 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Du Quoin pays $7.02 for every $1 pensioners contribute to Duquoin Firefighters Pension Fund
Taxpayers contributed 87.5 percent of the $316,307 the Duquoin Firefighters Pension Fund brought in last year, or $7.02 for every $1 from pension members.
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Analysis: Duquoin Firefighters Pension Fund would go broke in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Duquoin Firefighters Pension Fund lost $162,147 in 2016, according to a SW Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 44.7% of Duquoin Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44.7 percent of the Duquoin Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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SW Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Chester, Pinckneyville and Du Quoin depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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SW Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Waterloo, Columbia and Du Quoin depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 6 best funded pensions in SW Illinois
Chester, Columbia and Waterloo have government pension funds with the highest funding levels in SW Illinois, according to the Illinois Department of Insurance.
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Analysis: Southwest Illinois fire, police pension funds paid $15 million, lost $49K on investments in 2016
Southwest Illinois’ 25 police and fire pension funds paid out a total of $15,163,370 in benefits to 366 retirees and inactive recipients in 2016 while losing $49,671 on their investments, according to a SW Illinois News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.