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Friday, November 22, 2024

Analysis: Stillman Valley pays $3.19 for every $1 pensioners contribute to Stillman Fpd Pension Fund

Budget 06

Taxpayers contributed 76.1 percent of the $38,969 the Stillman Fpd Pension Fund brought in last year, or $3.19 for every $1 from pension members, according to a NW Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Stillman Valley contributed $29,669 to the fund, which saw a $2,006 increase in revenue over 2015. Members contributed $9,300, or 23.9 percent, in 2016.

Stillman Fpd Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$10,636$15,645$11,970$29,643$29,669178.9%
Pension members$6,618$6,934$6,910$7,320$9,30040.5%
Other Revenue$0$0$0$0$0-
Total$17,254$22,579$18,880$36,963$38,969125.9%

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