Analysis: Ivesdale pays $3.80 for every $1 pensioners contribute to Ivesdale FPD Firefighters Pension Fund

By Chambana Sun

Jul 9, 2020

Taxpayers contributed 79.2 percent of the $26,392 the Ivesdale FPD Firefighters Pension Fund brought in 2018, or $3.80 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 $20,903 to the fund, which saw a $5,136 increase in revenue over 2017. Members contributed $5,488, or 20.8 percent, in 2018. Another $1 came from other unspecified sources.

Ivesdale FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$9,989	$14,965	$15,961	$17,974	$20,903	109.3%
Pension members	$4,001	$3,251	$4,211	$3,282	$5,488	37.2%
Other Revenue	$0	$0	-$-1	$0	$1	-
Total	$13,990	$18,216	$20,171	$21,256	$26,392	88.6%