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Will County Gazette

Sunday, December 22, 2024

Analysis: Mokena pays $2.69 for every $1 pensioners contribute to Mokena Fpd Firefighters Pension Fund

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Taxpayers contributed 71.6 percent of the $1,141,737 the Mokena Fpd Firefighters Pension Fund brought in last year, or $2.69 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, Mokena contributed $817,688 to the fund, which saw a $217,588 increase in revenue over 2015. Members contributed $303,440, or 26.6 percent, in 2016. Another $20,609 came from other unspecified sources.

Mokena Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$537,847$633,104$706,256$633,112$817,68852%
Pension members$254,545$273,750$278,894$291,037$303,44019.2%
Other Revenue$0$1$0$0$20,609-
Total$792,392$906,855$985,150$924,149$1,141,73744.1%

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