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DeKalb Times

Friday, November 22, 2024

Analysis: DeKalb pays $7.43 for every $1 pensioners contribute to Dekalb Firefighters Pension Fund

Budget01

Taxpayers contributed 88 percent of the $2,855,964 the Dekalb Firefighters Pension Fund brought in last year, or $7.43 for every $1 from pension members, according to a DeKalb Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, DeKalb contributed $2,512,631 to the fund, which saw a $368,566 increase in revenue over 2015. Members contributed $338,056, or 11.8 percent, in 2016. Another $5,277 came from other unspecified sources.

Dekalb Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$2,019,607$1,807,256$2,037,490$2,024,522$2,512,63124.4%
Pension members$398,920$411,770$420,534$466,475$338,056-15.3%
Other Revenue$0$5,661-$6,403-$3,599$5,277-
Total$2,418,527$2,224,687$2,451,621$2,487,398$2,855,96418.1%

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