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Friday, November 22, 2024

Analysis: Ivesdale pays $3.79 for every $1 pensioners contribute to Ivesdale Fpd Firefighters Pension Fund

Budget01

Taxpayers contributed 79.1 percent of the $20,171 the Ivesdale Fpd Firefighters Pension Fund brought in last year, or $3.79 for every $1 from pension members, according to a Chambana Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Ivesdale contributed $15,961 to the fund, which saw a $1,955 increase in revenue over 2015. Members contributed $4,211, or 20.9 percent, in 2016.

Ivesdale Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$15,549$9,726$9,989$14,965$15,9612.6%
Pension members$3,471$3,593$4,001$3,251$4,21121.3%
Other Revenue-$-1$0$0$0-$-10%
Total$19,019$13,319$13,990$18,216$20,1716.1%

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