Analysis: Wilmette pays $5.63 for every $1 pensioners contribute to Wilmette Firefighters Pension Fund

By Local Labs News Service

Jun 13, 2018

Taxpayers contributed 84.9 percent of the $2,851,767 the Wilmette Firefighters Pension Fund brought in last year, or $5.63 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, Wilmette contributed $2,422,000 to the fund, which saw a $127,855 increase in revenue over 2015. Members contributed $429,767, or 15.1 percent, in 2016.

Wilmette Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$2,217,700	$2,211,300	$2,200,000	$2,296,000	$2,422,000	9.2%
Pension members	$399,170	$398,942	$404,901	$427,887	$429,767	7.7%
Other Revenue	$20	$0	$40	$25	$0	-100%
Total	$2,616,890	$2,610,242	$2,604,941	$2,723,912	$2,851,767	9%