Mattoon Firefighters Pension Fund
Recent News About Mattoon Firefighters Pension Fund View More
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Report: Mattoon Firefighters Pension Fund gained $1,236,494 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Mattoon Firefighters Pension Fund netted 7.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mattoon Firefighters Pension Fund would go bankrupt in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Mattoon Firefighters Pension Fund would have lost $1,352,656 in 2018, according to a East Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mattoon pays $9.13 for every $1 pensioners contribute to Mattoon Firefighters Pension Fund
Taxpayers contributed 90.1 percent of the $2,029,600 the Mattoon Firefighters Pension Fund brought in 2018, or $9.13 for every $1 from pension members.
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Report: 34.6% of Mattoon Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 34.6 percent of the Mattoon Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mattoon Firefighters Pension Fund lost $735,261 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Mattoon Firefighters Pension Fund lost 5.09 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 Mattoon Firefighters Pension Fund earns $68,373 per year
The Mattoon Firefighters Pension Fund had 31 active participants receiving an average salary of $68,373 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mattoon pays $6.74 for every $1 pensioners contribute to Mattoon Firefighters Pension Fund
Taxpayers contributed 87.1 percent of the $1,570,435 the Mattoon Firefighters Pension Fund brought in last year, or $6.74 for every $1 from pension members.
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Analysis: Mattoon Firefighters Pension Fund would go broke in five years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Mattoon Firefighters Pension Fund lost $2,990,097 in 2016, according to a East Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 41.3% of Mattoon Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 41.3 percent of the Mattoon Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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East Central Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Mattoon, Charleston and Effingham depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in East Central Illinois
Olney, Mattoon and Charleston have government pension funds with the lowest funding levels in East Central Illinois, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Olney and Mattoon have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: East Central Illinois fire, police pension funds paid $21 million, lost $1.7 million on investments in 2016
East Central Illinois' 34 police and fire pension funds paid out a total of $21,884,811 in benefits to 576 retirees and inactive recipients in 2016 while losing $1,712,059 on their investments, according to an East Central Reporter analysis of the funds' mandated financial filings with the Illinois Department of Insurance.