Pontiac Firefighters Pension Fund
Recent News About Pontiac Firefighters Pension Fund
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City of Pontiac Firefighters Pension Fund Board met July 10
City of Pontiac Firefighters Pension Fund Board met 2 p.m. Monday, July 10.
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City of Pontiac City Council met Feb. 20
City of Pontiac City Council met Monday, Feb. 20
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Report: Pontiac Firefighters Pension Fund gained $281,988 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Pontiac Firefighters Pension Fund netted 5.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pontiac Firefighters Pension Fund would go bankrupt in 36 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Pontiac Firefighters Pension Fund would have lost $140,684 in 2018, according to a McLean County Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pontiac pays $5.05 for every $1 pensioners contribute to Pontiac Firefighters Pension Fund
Taxpayers contributed 83.5 percent of the $441,743 the Pontiac Firefighters Pension Fund brought in 2018, or $5.05 for every $1 from pension members.
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Report: 54.6% of Pontiac Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.6 percent of the Pontiac Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Pontiac Firefighters Pension Fund gained $41,842 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Pontiac Firefighters Pension Fund netted 0.55 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 Pontiac Firefighters Pension Fund earns $59,176 per year
The Pontiac Firefighters Pension Fund had 13 active participants receiving an average salary of $59,176 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pontiac pays $4.11 for every $1 pensioners contribute to Pontiac Firefighters Pension Fund
Taxpayers contributed 80.5 percent of the $372,161 the Pontiac Firefighters Pension Fund brought in last year, or $4.11 for every $1 from pension members.
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Analysis: Pontiac Firefighters Pension Fund would go broke in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Pontiac Firefighters Pension Fund lost $329,397 in 2016, according to a McLean County Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 55.8% of Pontiac Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55.8 percent of the Pontiac Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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McLean County pension funds: Where do taxpayers contribute least?
Government pension funds in Pontiac, Normal and Bloomington depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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McLean County pension funds: Where do taxpayers contribute most?
Government pension funds in Bloomington, Normal and Pontiac depended most 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 McLean County
Pontiac, Normal and Bloomington have government pension funds with the highest funding levels in McLean County, according to the Illinois Department of Insurance.
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Pontiac Firefighters Pension Fund Board met July 17.
Pontiac Firefighters Pension Fund Board met at 2:10 p.m. Thursday, Aug. 17.