Cicero Firefighters Pension Fund
Recent News About Cicero Firefighters Pension Fund
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Report: Cicero Firefighters' Pension Fund lost $874,235 in investment income in 2018
After projecting its investments would grow by 6 percent, the Cicero Firefighters' Pension Fund lost 3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Cicero Firefighters' Pension Fund would go bankrupt in five years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Cicero Firefighters' Pension Fund would have lost $6,769,728 in 2018, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Cicero pays $5.41 for every $1 pensioners contribute to Cicero Firefighters' Pension Fund
Taxpayers contributed 84.6 percent of the $4,509,169 the Cicero Firefighters' Pension Fund brought in 2018, or $5.41 for every $1 from pension members.
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Report: 27% of Cicero Firefighters' Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 27 percent of the Cicero 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 Cicero Firefighters' Pension Fund earns $89,222 per year
The Cicero Firefighters' Pension Fund had 75 active participants receiving an average salary of $89,222 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Cicero pays $6.55 for every $1 pensioners contribute to Cicero Firefighters' Pension Fund
Taxpayers contributed 86.7 percent of the $4,724,932 the Cicero Firefighters' Pension Fund brought in last year, or $6.55 for every $1 from pension members.
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Analysis: Cicero Firefighters' Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Cicero Firefighters' Pension Fund lost $3,718,476 in 2016, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 31% of Cicero Firefighters' Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 31 percent of the Cicero Firefighters' Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: This West Suburban pension fund sustains itself without subsidies
A pension funds in Northlake could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: West Cook County fire, police pension funds paid $97 million, lost $4.1 million on investments in 2016
Western Cook County’s 53 police and fire pension funds paid out a total of $97,778,122 in benefits to 1,894 retirees and inactive recipients in 2016 while losing $4,160,610 on their investments, according to a West Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.