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Kane County Reporter

Monday, November 25, 2024

Analysis: Batavia pays $3.87 for every $1 pensioners contribute to Batavia Firefighters Pension Fund

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Taxpayers contributed 79.2 percent of the $1,063,722 the Batavia Firefighters Pension Fund brought in 2018, or $3.87 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, Batavia contributed $842,498 to the fund, which saw a $15,839 increase in revenue over 2017. Members contributed $217,308, or 20.4 percent, in 2018. Another $3,916 came from other unspecified sources.

Batavia Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$688,992$760,874$805,379$756,714$842,49822.3%
Pension members$187,285$193,606$207,740$288,333$217,30816%
Other Revenue$610$923$2,147$2,836$3,916542%
Total$876,887$955,403$1,015,266$1,047,883$1,063,72221.3%

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