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Kankakee Times

Friday, May 10, 2024

Analysis: Bourbonnais pays $6.18 for every $1 pensioners contribute to Bourbonnais FPD Firefighters Pension Fund

Budget04

Taxpayers contributed 85.8 percent of the $450,102 the Bourbonnais FPD Firefighters Pension Fund brought in 2018, or $6.18 for every $1 from pension members, according to a Kankakee Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Bourbonnais contributed $386,138 to the fund, which saw a $260,262 increase in revenue over 2017. Members contributed $62,443, or 13.9 percent, in 2018. Another $1,521 came from other unspecified sources.

Bourbonnais FPD Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$232,419$139,117$121,991$122,354$386,13866.1%
Pension members$58,400$63,682$62,610$67,485$62,4436.9%
Other Revenue-$-1$1$0$1$1,521152200%
Total$290,818$202,800$184,601$189,840$450,10254.8%

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