Mount Carmel Firefighters Pension Fund
Recent News About Mount Carmel Firefighters Pension Fund View More
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Report: Mount Carmel Firefighters Pension Fund gained $39,847 in investment income in 2018
After projecting its investments would grow by 5 percent, the Mount Carmel Firefighters Pension Fund netted 2.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mount Carmel Firefighters Pension Fund would go bankrupt in 30 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Mount Carmel Firefighters Pension Fund would have lost $62,263 in 2018, according to a SE Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mount Carmel pays $6.03 for every $1 pensioners contribute to Mount Carmel Firefighters Pension Fund
Taxpayers contributed 85.8 percent of the $141,762 the Mount Carmel Firefighters Pension Fund brought in 2018, or $6.03 for every $1 from pension members.
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Report: 63.1% of Mount Carmel Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63.1 percent of the Mount Carmel Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mount Carmel Firefighters Pension Fund gained $22,256 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Mount Carmel Firefighters Pension Fund netted 1.34 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 Mount Carmel Firefighters Pension Fund earns $55,945 per year
The Mount Carmel Firefighters Pension Fund had 4 active participants receiving an average salary of $55,945 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mount Carmel pays $5.05 for every $1 pensioners contribute to Mt Carmel Firefighters Pension Fund
Taxpayers contributed 83.5 percent of the $126,857 the Mt Carmel Firefighters Pension Fund brought in last year, or $5.05 for every $1 from pension members.
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Report: 56% of Mt Carmel Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56 percent of the Mt Carmel 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: These 5 SE Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Eldorado, Mount Carmel and Fairfield 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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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Eldorado, Mount Carmel and Fairfield would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.