Analysis: Joliet pays $4.37 for every $1 pensioners contribute to East Joliet Fpd Firefighters Pension Fund

By Local Labs News Service

May 18, 2018

Taxpayers contributed 81.4 percent of the $302,522 the East Joliet Fpd Firefighters Pension Fund brought in last year, or $4.37 for every $1 from pension members, according to a Will County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Joliet contributed $246,249 to the fund, which saw a $9,544 increase in revenue over 2015. Members contributed $56,273, or 18.6 percent, in 2016.

East Joliet Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$104,959	$161,177	$213,532	$237,317	$246,249	134.6%
Pension members	$52,228	$51,956	$57,294	$55,661	$56,273	7.7%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$157,187	$213,133	$270,826	$292,978	$302,522	92.5%