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Will County Gazette

Sunday, December 22, 2024

Analysis: Romeoville pays $2.26 for every $1 pensioners contribute to Romeoville Firefighters Pension Fund

Budget 10

Taxpayers contributed 69.4 percent of the $506,968 the Romeoville Firefighters Pension Fund brought in last year, or $2.26 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, Romeoville contributed $351,767 to the fund, which saw a $29,230 increase in revenue over 2015. Members contributed $155,201, or 30.6 percent, in 2016.

Romeoville Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$316,004$314,433$455,944$320,115$351,76711.3%
Pension members$132,041$138,054$172,150$157,623$155,20117.5%
Other Revenue$1$0$0$0$0-100%
Total$448,046$452,487$628,094$477,738$506,96813.2%

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