Analysis: Sugar Grove pays $3.14 for every $1 pensioners contribute to Sugar Grove FPD Firefighter's Pension Fund

By Kane County Reporter

Jul 26, 2020

Taxpayers contributed 71.8 percent of the $551,494 the Sugar Grove FPD Firefighter's Pension Fund brought in 2018, or $3.14 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, Sugar Grove contributed $395,863 to the fund, which saw a $90,631 increase in revenue over 2017. Members contributed $125,676, or 22.8 percent, in 2018. Another $29,955 came from other unspecified sources.

Sugar Grove FPD Firefighter's Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$262,463	$301,836	$326,769	$334,335	$395,863	50.8%
Pension members	$121,121	$116,596	$121,234	$126,528	$125,676	3.8%
Other Revenue	$0	$0	$50	$0	$29,955	-
Total	$383,584	$418,432	$448,053	$460,863	$551,494	43.8%