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Kane County Reporter

Friday, November 22, 2024

Analysis: North Aurora pays $3.35 for every $1 pensioners contribute to North Aurora FPD Firefighters Pension Fund

Budget 13

Taxpayers contributed 76.6 percent of the $887,097 the North Aurora FPD Firefighters Pension Fund brought in 2018, or $3.35 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, North Aurora contributed $679,929 to the fund, which saw a $29,822 increase in revenue over 2017. Members contributed $202,957, or 22.9 percent, in 2018. Another $4,211 came from other unspecified sources.

North Aurora FPD Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$512,130$586,298$591,588$637,582$679,92932.8%
Pension members$218,445$215,323$225,148$216,283$202,957-7.1%
Other Revenue$5,014$3,529$6,197$3,410$4,211-16%
Total$735,589$805,150$822,933$857,275$887,09720.6%

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