Analysis: Oswego pays $2.14 for every $1 pensioners contribute to Oswego FPD Firefighters Pension Fund

By Kendall County Times

Jul 3, 2020

Taxpayers contributed 68 percent of the $1,708,163 the Oswego FPD Firefighters Pension Fund brought in 2018, or $2.14 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 $1,161,741 to the fund, which saw a $187,137 increase in revenue over 2017. Members contributed $541,770, or 31.7 percent, in 2018. Another $4,652 came from other unspecified sources.

Oswego FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$978,794	$940,872	$1,087,786	$1,028,837	$1,161,741	18.7%
Pension members	$446,779	$473,801	$477,355	$496,035	$541,770	21.3%
Other Revenue	$5,671	$4,641	$7,906	-$3,846	$4,652	-18%
Total	$1,431,244	$1,419,314	$1,573,047	$1,521,026	$1,708,163	19.3%