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Friday, November 22, 2024

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

Budget 02

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
20122013201420152016Change 2012-2016
Municipality$1,187,201$1,372,950$1,997,164$1,601,136$1,770,59049.1%
Pension members$182,980$187,491$206,050$200,066$199,0738.8%
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$1,975,39342.9%

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