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North Cook News

Tuesday, November 5, 2024

Analysis: Bartlett pays $2.48 for every $1 pensioners contribute to Bartlett Fpd Firefighters Pension Fund

Budget 12

Taxpayers contributed 71.3 percent of the $1,359,451 the Bartlett Fpd Firefighters Pension Fund brought in last year, or $2.48 for every $1 from pension members, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Bartlett contributed $969,819 to the fund, which saw a $78,481 increase in revenue over 2015. Members contributed $389,782, or 28.7 percent, in 2016.

Bartlett Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$837,929$857,849$941,131$927,940$969,81915.7%
Pension members$337,133$345,344$356,532$357,194$389,78215.6%
Other Revenue-$1,698-$1,672-$7,188-$4,164-$15091.2%
Total$1,173,364$1,201,521$1,290,475$1,280,970$1,359,45115.9%

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