Analysis: Homer Glen pays $2.47 for every $1 pensioners contribute to Northwest Homer Fpd Firefighters Pension Fund

By Local Labs News Service

Jun 2, 2018

Taxpayers contributed 71.2 percent of the $261,377 the Northwest Homer Fpd Firefighters Pension Fund brought in last year, or $2.47 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, Homer Glen contributed $186,058 to the fund, which saw a $32,782 increase in revenue over 2015. Members contributed $75,319, or 28.8 percent, in 2016.

Northwest Homer Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$150,397	$154,979	$173,318	$158,763	$186,058	23.7%
Pension members	$60,266	$81,323	$66,432	$69,832	$75,319	25%
Other Revenue	$0	$0	$1	$0	$0	-
Total	$210,663	$236,302	$239,751	$228,595	$261,377	24.1%