Beardstown Firefighters Pension Fund
Recent News About Beardstown Firefighters Pension Fund
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Report: Beardstown Firefighters Pension Fund gained $14,048 in investment income in 2018
After projecting its investments would grow by 5 percent, the Beardstown Firefighters Pension Fund netted 0.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Beardstown Firefighters Pension Fund would go bankrupt in 20 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Beardstown Firefighters Pension Fund would have lost $54,538 in 2018, according to a West Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Beardstown pays $5.62 for every $1 pensioners contribute to Beardstown Firefighters Pension Fund
Taxpayers contributed 84.9 percent of the $92,118 the Beardstown Firefighters Pension Fund brought in 2018, or $5.62 for every $1 from pension members.
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Report: 57.8% of Beardstown Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.8 percent of the Beardstown Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Beardstown Firefighters Pension Fund gained $12,915 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Beardstown Firefighters Pension Fund netted 0.63 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 Beardstown Firefighters Pension Fund earns $46,215 per year
The Beardstown Firefighters Pension Fund had 3 active participants receiving an average salary of $46,215 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Beardstown pays $5.81 for every $1 pensioners contribute to Beardstown Firefighters Pension Fund
Taxpayers contributed 85.3 percent of the $98,984 the Beardstown Firefighters Pension Fund brought in last year, or $5.81 for every $1 from pension members.
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Report: 58.2% of Beardstown Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.2 percent of the Beardstown Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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West Central Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Beardstown, Macomb and Jacksonville depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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West Central Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Jacksonville, Macomb and Beardstown depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute least?
A government pension fund in Beardstown depended least 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 West Central Illinois
Jacksonville, Macomb and Beardstown have government pension funds with the highest funding levels in West Central Illinois, according to the Illinois Department of Insurance.
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Analysis: West-central Illinois fire, police pension funds paid $43 million, lost $1.8 million on investments in 2016
West-central Illinois’ 43 police and fire pension funds paid out a total of $43,041,315 in benefits to 1,050 retirees and inactive recipients in 2016 while losing $1,864,002 on their investments, according to a Western Central Reporter analysis of the funds' mandated financial filings with the Illinois Department of Insurance.