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Grundy Reporter

Friday, April 26, 2024

Grundy County pension funds: Where do taxpayers contribute most?

Local Government

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Government pension funds in Morris, Minooka and Coal City depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

Grundy County pension funds with biggest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Morris Police Pension Fund
Morris
Grundy County
$880,149
$695,513
2
Minooka Police Pension Fund
Minooka
Grundy County
$616,214
$470,143
3
Coal City Police Pension Fund
Coal City
Grundy County
$379,160
$299,400
4
Coal City Firefighter's Pension Fund
Coal City
Grundy County
$247,431
$185,112

ORGANIZATIONS IN THIS STORY

Coal City Police Pension Fund• Coal City Firefighters' Pension Fund• Morris Police Pension Fund• Minooka Police Pension Fund

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