Analysis: Woodstock pays $2.26 for every $1 pensioners contribute to Woodstock Fire/Rescue Dist. Firefighters' Pension

By Local Labs News Service

Jun 4, 2018

Taxpayers contributed 68.7 percent of the $1,100,780 the Woodstock Fire/Rescue Dist. Firefighters' Pension brought in last year, or $2.26 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, Woodstock contributed $756,012 to the fund, which saw a $77,993 increase in revenue over 2015. Members contributed $334,311, or 30.4 percent, in 2016. Another $10,457 came from other unspecified sources.

Woodstock Fire/Rescue Dist. Firefighters' Pension revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$392,226	$459,508	$579,569	$694,623	$756,012	92.7%
Pension members	$246,576	$232,837	$322,332	$329,113	$334,311	35.6%
Other Revenue	$9,649	$9,715	$2,322	-$949	$10,457	8.4%
Total	$648,451	$702,060	$904,223	$1,022,787	$1,100,780	69.8%