Analysis: Sycamore pays $2.55 for every $1 pensioners contribute to Sycamore Firefighters Pension Fund

By Local Labs News Service

May 20, 2018

Taxpayers contributed 71.9 percent of the $806,061 the Sycamore Firefighters Pension Fund brought in last year, or $2.55 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, Sycamore contributed $579,311 to the fund, which saw a $1,012 increase in revenue over 2015. Members contributed $226,750, or 28.1 percent, in 2016.

Sycamore Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$500,763	$556,506	$573,089	$586,295	$579,311	15.7%
Pension members	$199,144	$205,600	$213,427	$218,754	$226,750	13.9%
Other Revenue	$3	$0	$0	$0	$0	-100%
Total	$699,910	$762,106	$786,516	$805,049	$806,061	15.2%