Silvis Firefighters Pension Fund
Recent News About Silvis Firefighters Pension Fund
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Report: Silvis Firefighters Pension Fund gained $6,712 in investment income in 2018
After projecting its investments would grow by 5 percent, the Silvis Firefighters Pension Fund netted 0.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Silvis Firefighters Pension Fund would go bankrupt in 1672 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Silvis Firefighters Pension Fund would have lost $313 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: Silvis pays $3.42 for every $1 pensioners contribute to Silvis Firefighters Pension Fund
Taxpayers contributed 77.4 percent of the $34,884 the Silvis Firefighters Pension Fund brought in 2018, or $3.42 for every $1 from pension members.
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Report: 67.7% of Silvis Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.7 percent of the Silvis Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Silvis Firefighters Pension Fund gained $12,051 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Silvis Firefighters Pension Fund netted 2.49 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 Silvis Firefighters Pension Fund earns $75,197 per year
The Silvis Firefighters Pension Fund had 1 active participants receiving an average salary of $75,197 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Silvis pays $4.34 for every $1 pensioners contribute to Silvis Firefighters Pension Fund
Taxpayers contributed 81.3 percent of the $38,037 the Silvis Firefighters Pension Fund brought in last year, or $4.34 for every $1 from pension members.
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Report: 61% of Silvis Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 61 percent of the Silvis Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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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Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Silvis and Colona 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 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.