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Kankakee Times

Thursday, December 19, 2024

Analysis: Bourbonnais pays $1.94 for every $1 pensioners contribute to Bourbonnais Fpd Firefighters Pension Fund

Budget 06

Taxpayers contributed 66.1 percent of the $184,601 the Bourbonnais Fpd Firefighters Pension Fund brought in last year, or $1.94 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 $121,991 to the fund, which saw a $18,199 decrease in revenue over 2015. Members contributed $62,610, or 33.9 percent, in 2016.

Bourbonnais Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$96,182$100,046$232,419$139,117$121,99126.8%
Pension members$44,925$49,844$58,400$63,682$62,61039.4%
Other Revenue$1$0-$-1$1$0-100%
Total$141,108$149,890$290,818$202,800$184,60130.8%

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