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Will County Gazette

Friday, November 22, 2024

Will County pension funds: Where do taxpayers contribute most?

Budget 12

Government pension funds in Joliet, Bolingbrook and Romeoville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

Will County pension funds with biggest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Joliet Police Pension Fund
Joliet
Will County
$17,356,183
$14,559,331
2
Joliet Firefighters Pension Fund
Joliet
Will County
$14,516,079
$12,332,156
3
Bolingbrook Police Pension Fund
Bolingbrook
Will County
$4,685,073
$3,631,065
4
Bolingbrook Firefighters Pension Fund
Bolingbrook
Will County
$3,877,356
$3,140,863
5
Romeoville Police Pension Fund
Romeoville
Will County
$2,249,217
$1,696,960
6
Lockport Police Pension Fund
Lockport
Will County
$1,730,153
$1,410,000
7
Mokena Police Pension Fund
Mokena
Will County
$1,599,476
$1,345,938
8
Crest Hill Police Pension Fund
Crest Hill
Will County
$1,370,148
$1,125,000
9
New Lenox Police Pension Fund
New Lenox
Will County
$1,384,372
$1,036,551
10
Plainfield Police Pension Fund
Plainfield
Will County
$1,451,867
$948,549

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