Grundy Reporter

Grundy Reporter

Tuesday, November 19, 2019

Grundy County pension funds: Where do taxpayers contribute most?

Local Government

By Local Labs News Service | Feb 19, 2018

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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

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Organizations in this Story

Minooka Police Pension FundMorris Police Pension FundCoal City Police Pension FundCoal City Firefighters' Pension Fund

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