Analysis: Ottawa pays $5.62 for every $1 pensioners contribute to Ottawa Firefighters Pension Fund

By Illinois Valley Times

Jul 14, 2020

Taxpayers contributed 84.2 percent of the $1,268,022 the Ottawa Firefighters Pension Fund brought in 2018, or $5.62 for every $1 from pension members, according to a Illinois Valley Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Ottawa contributed $1,067,106 to the fund, which saw a $22,768 increase in revenue over 2017. Members contributed $189,608, or 15 percent, in 2018. Another $11,308 came from other unspecified sources.

Ottawa Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$907,117	$989,970	$969,642	$1,056,852	$1,067,106	17.6%
Pension members	$156,986	$172,695	$175,902	$188,271	$189,608	20.8%
Other Revenue	$0	-$-1	$0	$131	$11,308	-
Total	$1,064,103	$1,162,664	$1,145,544	$1,245,254	$1,268,022	19.2%