Analysis: Byron pays $2.01 for every $1 pensioners contribute to Byron FPD Firefighters Pension Fund

By NW Illinois News

Jul 2, 2020

Taxpayers contributed 66.8 percent of the $254,475 the Byron FPD Firefighters Pension Fund brought in 2018, or $2.01 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, Byron contributed $169,967 to the fund, which saw a $4,300 decrease in revenue over 2017. Members contributed $84,508, or 33.2 percent, in 2018.

Byron FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$179,992	$160,010	$171,974	$170,976	$169,967	-5.6%
Pension members	$74,108	$74,556	$83,881	$87,799	$84,508	14%
Other Revenue	$0	$0	-$-1	$0	$0	-
Total	$254,100	$234,566	$255,854	$258,775	$254,475	0.1%