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McHenry Times

Friday, July 18, 2025

Analysis: Cary pays $9.78 for every $1 pensioners contribute to Cary FPD Firefighters Pension Fund

Webp budget 06

Taxpayers contributed 90.7 percent of the $584,516 the Cary FPD Firefighters Pension Fund brought in 2018, or $9.78 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, Cary contributed $530,321 to the fund, which saw a $367,958 increase in revenue over 2017. Members contributed $54,195, or 9.3 percent, in 2018.

Cary FPD Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$139,133$154,910$158,562$164,596$530,321281.2%
Pension members$48,158$49,121$52,364$51,962$54,19512.5%
Other Revenue$0-$-1$1$0$0-
Total$187,291$204,030$210,927$216,558$584,516212.1%

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