Analysis: Huntley pays $2.85 for every $1 pensioners contribute to Huntley FPD Firefighters Pension Fund

By McHenry Times

Jul 11, 2020

Taxpayers contributed 73.7 percent of the $1,953,133 the Huntley FPD Firefighters Pension Fund brought in 2018, or $2.85 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 $1,439,554 to the fund, which saw a $141,579 increase in revenue over 2017. Members contributed $504,725, or 25.8 percent, in 2018. Another $8,854 came from other unspecified sources.

Huntley FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$953,734	$1,204,151	$955,414	$1,302,779	$1,439,554	50.9%
Pension members	$449,402	$466,710	$499,515	$503,691	$504,725	12.3%
Other Revenue	$74,484	$9,550	$9,395	$5,084	$8,854	-88.1%
Total	$1,477,620	$1,680,411	$1,464,324	$1,811,554	$1,953,133	32.2%