Analysis: Des Plaines pays $8.89 for every $1 pensioners contribute to North Maine Fpd Firefighters Pension Fund

By Local Labs News Service

Jun 1, 2018

Taxpayers contributed 89.6 percent of the $1,975,393 the North Maine Fpd Firefighters Pension Fund brought in last year, or $8.89 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 $1,770,590 to the fund, which saw a $193,106 increase in revenue over 2015. Members contributed $199,073, or 10.1 percent, in 2016. Another $5,730 came from other unspecified sources.

North Maine Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,187,201	$1,372,950	$1,997,164	$1,601,136	$1,770,590	49.1%
Pension members	$182,980	$187,491	$206,050	$200,066	$199,073	8.8%
Other Revenue	$11,990	$27,385	$11,838	-$18,915	$5,730	-52.2%
Total	$1,382,171	$1,587,826	$2,215,052	$1,782,287	$1,975,393	42.9%