Analysis: Romeoville pays $2 for every $1 pensioners contribute to Romeoville Firefighters Pension Fund

By Will County Gazette

Jul 30, 2020

Taxpayers contributed 66.7 percent of the $537,350 the Romeoville Firefighters Pension Fund brought in 2018, or $2 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 $358,453 to the fund, which saw a $14,944 increase in revenue over 2017. Members contributed $178,897, or 33.3 percent, in 2018.

Romeoville Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$455,944	$320,115	$351,767	$356,759	$358,453	-21.4%
Pension members	$172,150	$157,623	$155,201	$165,647	$178,897	3.9%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$628,094	$477,738	$506,968	$522,406	$537,350	-14.4%