Analysis: Sycamore pays $3.31 for every $1 pensioners contribute to Sycamore Firefighters Pension Fund

By DeKalb Times

Jul 7, 2020

Taxpayers contributed 76.8 percent of the $1,021,631 the Sycamore Firefighters Pension Fund brought in 2018, or $3.31 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 $784,671 to the fund, which saw a $148,540 increase in revenue over 2017. Members contributed $236,960, or 23.2 percent, in 2018.

Sycamore Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$573,089	$586,295	$579,311	$642,847	$784,671	36.9%
Pension members	$213,427	$218,754	$226,750	$230,245	$236,960	11%
Other Revenue	$0	$0	$0	-$-1	$0	-
Total	$786,516	$805,049	$806,061	$873,091	$1,021,631	29.9%