Analysis: Plainfield pays $1.68 for every $1 pensioners contribute to Plainfield Fpd Firefighters Pension Fund

By Local Labs News Service

Jun 5, 2018

Taxpayers contributed 62.5 percent of the $1,361,337 the Plainfield Fpd Firefighters Pension Fund brought in last year, or $1.68 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, Plainfield contributed $850,474 to the fund, which saw a $17,412 increase in revenue over 2015. Members contributed $504,133, or 37 percent, in 2016. Another $6,730 came from other unspecified sources.

Plainfield Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,203,757	$1,186,759	$1,225,780	$848,141	$850,474	-29.3%
Pension members	$321,577	$345,408	$270,805	$449,842	$504,133	56.8%
Other Revenue	$0	$1	$0	$45,942	$6,730	-
Total	$1,525,334	$1,532,168	$1,496,585	$1,343,925	$1,361,337	-10.8%