Analysis: Wilmington pays $11.14 for every $1 pensioners contribute to Wilmington Fpd Firefighter's Pension Fund

By Local Labs News Service

Jun 13, 2018

Taxpayers contributed 89.5 percent of the $95,481 the Wilmington Fpd Firefighter's Pension Fund brought in last year, or $11.14 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, Wilmington contributed $85,446 to the fund, which saw a $13,932 decrease in revenue over 2015. Members contributed $7,664, or 8 percent, in 2016. Another $2,371 came from other unspecified sources.

Wilmington Fpd Firefighter's Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$42,337	$56,000	$38,300	$102,068	$85,446	101.8%
Pension members	$10,534	$8,734	$7,019	$7,344	$7,664	-27.2%
Other Revenue	-$-1	$0	$0	$1	$2,371	237200%
Total	$52,870	$64,734	$45,319	$109,413	$95,481	80.6%