Kewanee Firefighters Pension Fund
Recent News About Kewanee Firefighters Pension Fund
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Report: Kewanee Firefighters Pension Fund gained $469,476 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Kewanee Firefighters Pension Fund netted 5.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Kewanee Firefighters Pension Fund would go bankrupt in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Kewanee Firefighters Pension Fund would have lost $493,753 in 2018, according to a Rock Island Today analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Kewanee pays $4.94 for every $1 pensioners contribute to Kewanee Firefighters Pension Fund
Taxpayers contributed 83.2 percent of the $576,579 the Kewanee Firefighters Pension Fund brought in 2018, or $4.94 for every $1 from pension members.
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Report: 48.7% of Kewanee Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.7 percent of the Kewanee Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Kewanee Firefighters Pension Fund lost $130,932 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Kewanee Firefighters Pension Fund lost 1.98 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 Kewanee Firefighters Pension Fund earns $51,387 per year
The Kewanee Firefighters Pension Fund had 16 active participants receiving an average salary of $51,387 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Kewanee pays $2.41 for every $1 pensioners contribute to Kewanee Firefighters Pension Fund
Taxpayers contributed 70.7 percent of the $445,902 the Kewanee Firefighters Pension Fund brought in last year, or $2.41 for every $1 from pension members.
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Analysis: Kewanee Firefighters Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Kewanee Firefighters Pension Fund lost $971,212 in 2016, according to a Rock Island Today analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 54.7% of Kewanee Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.7 percent of the Kewanee 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 Quad Cities pension fund sustains itself without subsidies
Pension funds in Moline 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: These 7 Quad Cities pension funds would go bankrupt fastest without subsidies
Pension funds in Moline, Geneseo and Silvis would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Quad Cities pension funds: Where do taxpayers contribute least?
Government pension funds in Silvis, Colona and Geneseo depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Quad Cities pension funds: Where do taxpayers contribute most?
Government pension funds in Moline, Rock Island and Silvis 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 Quad Cities
Rock Island, Moline and Colona have government pension funds with the lowest funding levels in Quad Cities, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in Quad Cities
Moline, Silvis and Kewanee have government pension funds with the highest funding levels in Quad Cities, according to the Illinois Department of Insurance.
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Analysis: Rock Island fire, police pension funds paid $26 million, lost $590K on investments in 2016
Rock Island and its surrounding communities’ 18 police and fire pension funds paid out a total of $26,994,988 in benefits to 638 retirees and inactive recipients in 2016 while losing $591,703 on their investments, according to a Rock Island Today analysis of the funds' mandated financial filings with the Illinois Department of Insurance.