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Kendall County Times

Saturday, November 23, 2024

Analysis: Oswego pays $2.27 for every $1 pensioners contribute to Oswego Fpd Firefighters Pension Fund

Budget 13

Taxpayers contributed 69.2 percent of the $1,573,047 the Oswego Fpd Firefighters Pension Fund brought in last year, or $2.27 for every $1 from pension members, according to a Kendall County Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Oswego contributed $1,087,786 to the fund, which saw a $153,733 increase in revenue over 2015. Members contributed $477,355, or 30.3 percent, in 2016. Another $7,906 came from other unspecified sources.

Oswego Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$910,053$968,681$978,794$940,872$1,087,78619.5%
Pension members$410,889$421,643$446,779$473,801$477,35516.2%
Other Revenue$1$5,022$5,671$4,641$7,906790500%
Total$1,320,943$1,395,346$1,431,244$1,419,314$1,573,04719.1%

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