Analysis: Wauconda pays $3.66 for every $1 pensioners contribute to Wauconda Fpd Firefighter's Pension Fund

By Local Labs News Service

Jun 9, 2018

Taxpayers contributed 78.1 percent of the $1,711,071 the Wauconda Fpd Firefighter's Pension Fund brought in last year, or $3.66 for every $1 from pension members, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Wauconda contributed $1,337,000 to the fund, which saw a $41,275 decrease in revenue over 2015. Members contributed $364,632, or 21.3 percent, in 2016. Another $9,439 came from other unspecified sources.

Wauconda Fpd Firefighter's Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,231,436	$1,305,070	$1,324,590	$1,397,000	$1,337,000	8.6%
Pension members	$322,452	$364,027	$324,715	$352,475	$364,632	13.1%
Other Revenue	$0	-$1,598	$7,319	$2,871	$9,439	-
Total	$1,553,888	$1,667,499	$1,656,624	$1,752,346	$1,711,071	10.1%