Peru Firefighters Pension Fund
Recent News About Peru Firefighters Pension Fund
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Report: Peru Firefighters Pension Fund gained $44,196 in investment income in 2018
After projecting its investments would grow by 5 percent, the Peru 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: Peru Firefighters Pension Fund would go bankrupt in 26 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Peru Firefighters Pension Fund would have lost $91,896 in 2018, according to a Illinois Valley Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Peru pays $8.16 for every $1 pensioners contribute to Peru Firefighters Pension Fund
Taxpayers contributed 89.1 percent of the $206,178 the Peru Firefighters Pension Fund brought in 2018, or $8.16 for every $1 from pension members.
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Report: 69.3% of Peru Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 69.3 percent of the Peru Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Peru Firefighters Pension Fund gained $61,640 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Peru Firefighters Pension Fund netted 2.52 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 Peru Firefighters Pension Fund earns $56,948 per year
The Peru Firefighters Pension Fund had 4 active participants receiving an average salary of $56,948 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Peru pays $6.05 for every $1 pensioners contribute to Peru Firefighters Pension Fund
Taxpayers contributed 85.8 percent of the $151,850 the Peru Firefighters Pension Fund brought in last year, or $6.05 for every $1 from pension members.
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Report: 65.6% of Peru Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 65.6 percent of the Peru Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Illinois Valley pension funds: Where do taxpayers contribute least?
Government pension funds in Mendota, Marseilles and Peru depended least 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?
Government pension funds in Mendota, Marseilles and Peru depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in Illinois Valley
Coal City, Marseilles and Princeton have government pension funds with the highest funding levels in Illinois Valley, according to the Illinois Department of Insurance.
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Analysis: Illinois Valley fire, police pension funds paid $9 million in benefits, made $400K on investments in 2016
Illinois Valley’s 21 police and fire pension funds paid out a total of $9,939,934 in benefits to 315 retirees and inactive recipients in 2016 while gaining $418,986 on their investments, according to an Illinois Valley Times analysis of the funds' mandated financial filings with the Illinois Department of Insurance.