Analysis: Mendota pays $4.07 for every $1 pensioners contribute to Mendota Firefighters Pension Fund

By Illinois Valley Times

Jul 7, 2020

Taxpayers contributed 80.3 percent of the $167,585 the Mendota Firefighters Pension Fund brought in 2018, or $4.07 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, Mendota contributed $134,561 to the fund, which saw a $13,713 increase in revenue over 2017. Members contributed $33,025, or 19.7 percent, in 2018.

Mendota Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$101,644	$104,018	$103,673	$121,618	$134,561	32.4%
Pension members	$31,181	$31,806	$32,908	$32,253	$33,025	5.9%
Other Revenue	$21	$0	$0	$1	-$-1	-104.8%
Total	$132,846	$135,824	$136,581	$153,872	$167,585	26.1%