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Grundy Reporter

Tuesday, November 5, 2024

Grundy County pension funds: Where do taxpayers contribute least?

Budget 13

Government pension funds in Coal City, Minooka and Morris depended least 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 smallest taxpayer share

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

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