Analysis: Wilmington pays $4.11 for every $1 pensioners contribute to Wilmington FPD Firefighter's Pension Fund

By Will County Gazette

Aug 5, 2020

Taxpayers contributed 80 percent of the $141,276 the Wilmington FPD Firefighter's Pension Fund brought in 2018, or $4.11 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 $113,000 to the fund, which saw a $36,228 increase in revenue over 2017. Members contributed $27,480, or 19.5 percent, in 2018. Another $796 came from other unspecified sources.

Wilmington FPD Firefighter's Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$38,300	$102,068	$85,446	$86,795	$113,000	195%
Pension members	$7,019	$7,344	$7,664	$17,397	$27,480	291.5%
Other Revenue	$0	$1	$2,371	$856	$796	-
Total	$45,319	$109,413	$95,481	$105,048	$141,276	211.7%