Analysis: Montgomery pays $4.67 for every $1 pensioners contribute to Montgomery & Countryside FPD Firefighter's Pension Fund

By Kane County Reporter

Jul 18, 2020

Taxpayers contributed 82.4 percent of the $52,977 the Montgomery & Countryside FPD Firefighter's Pension Fund brought in 2018, or $4.67 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, Montgomery contributed $43,637 to the fund, which saw a $834 increase in revenue over 2017. Members contributed $9,340, or 17.6 percent, in 2018.

Montgomery & Countryside FPD Firefighter's Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$42,502	$43,854	$42,975	$42,809	$43,637	2.7%
Pension members	$8,845	$9,057	$9,196	$9,334	$9,340	5.6%
Other Revenue	$0	-$-1	$0	$0	$0	-
Total	$51,347	$52,910	$52,171	$52,143	$52,977	3.2%