Analysis: Lemont pays $3.36 for every $1 pensioners contribute to Lemont Fpd Firefighters Pension Fund

By Local Labs News Service

May 27, 2018

Taxpayers contributed 76.8 percent of the $2,043,790 the Lemont Fpd Firefighters Pension Fund brought in last year, or $3.36 for every $1 from pension members, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Lemont contributed $1,570,559 to the fund, which saw a $61,734 increase in revenue over 2015. Members contributed $466,230, or 22.8 percent, in 2016. Another $7,001 came from other unspecified sources.

Lemont Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$688,593	$1,002,621	$1,281,717	$1,514,889	$1,570,559	128.1%
Pension members	$470,116	$440,405	$456,826	$463,195	$466,230	-0.8%
Other Revenue	-$1,616	-$22,240	$9,979	$3,972	$7,001	533.2%
Total	$1,157,093	$1,420,786	$1,748,522	$1,982,056	$2,043,790	76.6%