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Kane County Reporter

Friday, November 22, 2024

Analysis: Batavia pays $3.87 for every $1 pensioners contribute to Batavia Firefighters Pension Fund

Budget 06

Taxpayers contributed 79.3 percent of the $1,015,266 the Batavia Firefighters Pension Fund brought in last year, or $3.87 for every $1 from pension members, according to a Kane County Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Batavia contributed $805,379 to the fund, which saw a $59,863 increase in revenue over 2015. Members contributed $207,740, or 20.5 percent, in 2016. Another $2,147 came from other unspecified sources.

Batavia Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$667,656$655,325$688,992$760,874$805,37920.6%
Pension members$183,236$189,531$187,285$193,606$207,74013.4%
Other Revenue$2,647$391$610$923$2,147-18.9%
Total$853,539$845,247$876,887$955,403$1,015,26618.9%

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