Salem Fire Department Firefighters Pension Fund
Recent News About Salem Fire Department Firefighters Pension Fund View More
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Report: Salem FPD Firefighters Pension Fund gained $31,939 in investment income in 2018
After projecting its investments would grow by 5 percent, the Salem FPD Firefighters Pension Fund netted 1.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Salem FPD Firefighters Pension Fund would go bankrupt in 20 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Salem FPD Firefighters Pension Fund would have lost $108,958 in 2018, according to a South Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Salem pays $4.63 for every $1 pensioners contribute to Salem FPD Firefighters Pension Fund
Taxpayers contributed 82.3 percent of the $123,830 the Salem FPD Firefighters Pension Fund brought in 2018, or $4.63 for every $1 from pension members.
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Report: 74% of Salem FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 74 percent of the Salem FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Salem FPD Firefighters Pension Fund earns $53,862 per year
The Salem FPD Firefighters Pension Fund had 4 active participants receiving an average salary of $53,862 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Salem pays $4.61 for every $1 pensioners contribute to Salem Fpd Firefighters Pension Fund
Taxpayers contributed 82.2 percent of the $112,518 the Salem Fpd Firefighters Pension Fund brought in last year, or $4.61 for every $1 from pension members.
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Report: 74.3% of Salem Fpd Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 74.3 percent of the Salem Fpd Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.