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Friday, November 22, 2024

Analysis: Des Plaines pays $5.34 for every $1 pensioners contribute to Des Plaines Firefighters' Pension Fund

Budget 01

Taxpayers contributed 84.3 percent of the $5,256,945 the Des Plaines Firefighters' Pension Fund brought in last year, or $5.34 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, Des Plaines contributed $4,433,104 to the fund, which saw a $115,261 increase in revenue over 2015. Members contributed $829,676, or 15.8 percent, in 2016.

Des Plaines Firefighters' Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$3,655,295$3,945,005$4,155,983$4,304,044$4,433,10421.3%
Pension members$839,357$797,150$883,723$836,027$829,676-1.2%
Other Revenue$2,994-$32,863-$3,002$1,613-$5,835-294.9%
Total$4,497,646$4,709,292$5,036,704$5,141,684$5,256,94516.9%

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