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Illinois Valley Times

Monday, November 25, 2024

Analysis: LaSalle pays $6.30 for every $1 pensioners contribute to Lasalle Firefighters Pension Fund

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Taxpayers contributed 86.3 percent of the $178,887 the Lasalle Firefighters Pension Fund brought in 2018, or $6.30 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, LaSalle contributed $154,415 to the fund, which saw a $5,554 increase in revenue over 2017. Members contributed $24,472, or 13.7 percent, in 2018.

Lasalle Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$65,837$114,667$142,838$149,566$154,415134.5%
Pension members$21,714$22,014$23,131$23,767$24,47212.7%
Other Revenue$0$0-$-1$0$0-
Total$87,551$136,681$165,968$173,333$178,887104.3%

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