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Kane County Reporter

Friday, November 22, 2024

Analysis: West Dundee pays $4.97 for every $1 pensioners contribute to West Dundee Firefighters Pension Fund

Budget 04

Taxpayers contributed 83.3 percent of the $376,165 the West Dundee Firefighters Pension Fund brought in last year, or $4.97 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, West Dundee contributed $313,207 to the fund, which saw a $52,535 increase in revenue over 2015. Members contributed $62,959, or 16.7 percent, in 2016.

West Dundee Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$206,347$194,722$194,948$250,088$313,20751.8%
Pension members$73,844$69,304$73,119$73,542$62,959-14.7%
Other Revenue$0$0$0$0-$-1-
Total$280,191$264,026$268,067$323,630$376,16534.3%

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