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DeKalb Times

Tuesday, November 5, 2024

Analysis: DeKalb pays $6.98 for every $1 pensioners contribute to Dekalb Firefighters Pension Fund

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Taxpayers contributed 87.2 percent of the $3,973,252 the Dekalb Firefighters Pension Fund brought in 2018, or $6.98 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 $3,466,072 to the fund, which saw a $478,844 increase in revenue over 2017. Members contributed $496,109, or 12.5 percent, in 2018. Another $11,071 came from other unspecified sources.

Dekalb Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$2,037,490$2,024,522$2,512,631$2,968,723$3,466,07270.1%
Pension members$420,534$466,475$338,056$521,427$496,10918%
Other Revenue-$6,403-$3,599$5,277$4,258$11,071272.9%
Total$2,451,621$2,487,398$2,855,964$3,494,408$3,973,25262.1%

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