Analysis: Joliet pays $3.91 for every $1 pensioners contribute to East Joliet FPD Firefighters Pension Fund

By Will County Gazette

Jul 9, 2020

Taxpayers contributed 76.6 percent of the $351,185 the East Joliet FPD Firefighters Pension Fund brought in 2018, or $3.91 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, Joliet contributed $268,916 to the fund, which saw a $209,993 increase in revenue over 2017. Members contributed $68,670, or 19.6 percent, in 2018. Another $13,599 came from other unspecified sources.

East Joliet FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$213,532	$237,317	$246,249	$118,648	$268,916	25.9%
Pension members	$57,294	$55,661	$56,273	$22,543	$68,670	19.9%
Other Revenue	$0	$0	$0	$1	$13,599	-
Total	$270,826	$292,978	$302,522	$141,192	$351,185	29.7%