Analysis: Minooka pays $2.52 for every $1 pensioners contribute to Minooka Fpd Firefighters Pension Fund

By Local Labs News Service

May 17, 2018

Taxpayers contributed 71.4 percent of the $332,934 the Minooka Fpd Firefighters Pension Fund brought in last year, or $2.52 for every $1 from pension members, according to a Grundy Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Minooka contributed $237,794 to the fund, which saw a $1,467 increase in revenue over 2015. Members contributed $94,069, or 28.3 percent, in 2016. Another $1,071 came from other unspecified sources.

Minooka Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$286,418	$198,871	$260,826	$249,796	$237,794	-17%
Pension members	$68,485	$68,632	$69,701	$80,699	$94,069	37.4%
Other Revenue	$6,046	-$774	$72,074	$972	$1,071	-82.3%
Total	$360,949	$266,729	$402,601	$331,467	$332,934	-7.8%