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Kane County Reporter

Friday, November 22, 2024

Analysis: Hampshire pays $5.76 for every $1 pensioners contribute to Hampshire FPD Firefighters Pension Fund

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Taxpayers contributed 85.2 percent of the $286,483 the Hampshire FPD Firefighters Pension Fund brought in 2018, or $5.76 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, Hampshire contributed $244,150 to the fund, which saw a $67,277 increase in revenue over 2017. Members contributed $42,333, or 14.8 percent, in 2018.

Hampshire FPD Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$157,000$188,196$190,088$174,199$244,15055.5%
Pension members$45,895$43,720$43,743$45,007$42,333-7.8%
Other Revenue$0$0$0$0$0-
Total$202,895$231,916$233,831$219,206$286,48341.2%

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