Analysis: Glenview pays $5.13 for every $1 pensioners contribute to Glenview Firefighters Pension Fund

By Local Labs News Service

May 24, 2018

Taxpayers contributed 83.8 percent of the $4,792,940 the Glenview Firefighters Pension Fund brought in last year, or $5.13 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, Glenview contributed $4,016,250 to the fund, which saw a $6,306,790 decrease in revenue over 2015. Members contributed $782,515, or 16.3 percent, in 2016.

Glenview Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$2,926,010	$3,108,491	$3,134,768	$10,309,348	$4,016,250	37.3%
Pension members	$723,089	$758,222	$751,554	$750,195	$782,515	8.2%
Other Revenue	$19,208	-$3,996	$36,402	$40,187	-$5,825	-130.3%
Total	$3,668,307	$3,862,717	$3,922,724	$11,099,730	$4,792,940	30.7%