Analysis: Chatham pays $1.89 for every $1 pensioners contribute to Chatham FPD Firefighter's Pension Fund

By Sangamon Sun

Jul 2, 2020

Taxpayers contributed 65.1 percent of the $274,410 the Chatham FPD Firefighter's Pension Fund brought in 2018, or $1.89 for every $1 from pension members, according to a Sangamon Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Chatham contributed $178,555 to the fund, which saw a $17,520 decrease in revenue over 2017. Members contributed $94,400, or 34.4 percent, in 2018. Another $1,455 came from other unspecified sources.

Chatham FPD Firefighter's Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$125,000	$135,000	$172,000	$202,800	$178,555	42.8%
Pension members	$73,286	$88,797	$90,689	$89,130	$94,400	28.8%
Other Revenue	-$-1	$0	$0	$0	$1,455	145600%
Total	$198,285	$223,797	$262,689	$291,930	$274,410	38.4%