Analysis: Peotone pays $5.68 for every $1 pensioners contribute to Peotone FPD Firefighters Pension Fund

By Will County Gazette

Jul 26, 2020

Taxpayers contributed 85.1 percent of the $111,759 the Peotone FPD Firefighters Pension Fund brought in 2018, or $5.68 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, Peotone contributed $95,052 to the fund, which saw a $7,527 increase in revenue over 2017. Members contributed $16,706, or 14.9 percent, in 2018. Another $1 came from other unspecified sources.

Peotone FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$86,687	$87,919	$89,438	$87,807	$95,052	9.6%
Pension members	$15,073	$15,486	$17,123	$16,425	$16,706	10.8%
Other Revenue	$0	$0	$1	$0	$1	-
Total	$101,760	$103,405	$106,562	$104,232	$111,759	9.8%