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

By Local Labs News Service

May 28, 2018

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

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$537,847	$633,104	$706,256	$633,112	$817,688	52%
Pension members	$254,545	$273,750	$278,894	$291,037	$303,440	19.2%
Other Revenue	$0	$1	$0	$0	$20,609	-
Total	$792,392	$906,855	$985,150	$924,149	$1,141,737	44.1%