Analysis: Huntley pays $1.91 for every $1 pensioners contribute to Huntley Fpd Firefighters Pension Fund

By Local Labs News Service

May 26, 2018

Taxpayers contributed 65.2 percent of the $1,464,324 the Huntley Fpd Firefighters Pension Fund brought in last year, or $1.91 for every $1 from pension members, according to a McHenry Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Huntley contributed $955,414 to the fund, which saw a $216,087 decrease in revenue over 2015. Members contributed $499,515, or 34.1 percent, in 2016. Another $9,395 came from other unspecified sources.

Huntley Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$890,194	$888,150	$953,734	$1,204,151	$955,414	7.3%
Pension members	$389,801	$409,910	$449,402	$466,710	$499,515	28.1%
Other Revenue	$1	-$20,033	$74,484	$9,550	$9,395	939400%
Total	$1,279,996	$1,278,027	$1,477,620	$1,680,411	$1,464,324	14.4%