Analysis: South Elgin pays $2.57 for every $1 pensioners contribute to South Elgin/Countryside Fpd Firefighters Pension F

By Local Labs News Service

Jun 8, 2018

Taxpayers contributed 71.6 percent of the $866,492 the South Elgin/Countryside Fpd Firefighters Pension F brought in last year, or $2.57 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, South Elgin contributed $620,416 to the fund, which saw a $38,802 increase in revenue over 2015. Members contributed $241,274, or 27.8 percent, in 2016. Another $4,802 came from other unspecified sources.

South Elgin/Countryside Fpd Firefighters Pension F revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$495,741	$520,998	$530,837	$590,366	$620,416	25.1%
Pension members	$208,709	$231,402	$230,211	$232,642	$241,274	15.6%
Other Revenue	$0	$1,093	$5,372	$4,682	$4,802	-
Total	$704,450	$753,493	$766,420	$827,690	$866,492	23%