Analysis: Winnetka pays $5.71 for every $1 pensioners contribute to Winnetka Firefighters Pension Fund

By Local Labs News Service

Jun 14, 2018

Taxpayers contributed 85.1 percent of the $1,691,802 the Winnetka Firefighters Pension Fund brought in last year, or $5.71 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, Winnetka contributed $1,439,948 to the fund, which saw a $63,092 increase in revenue over 2015. Members contributed $251,855, or 14.9 percent, in 2016.

Winnetka Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$945,074	$898,545	$1,321,000	$1,396,267	$1,439,948	52.4%
Pension members	$198,414	$157,599	$225,546	$232,443	$251,855	26.9%
Other Revenue	$0	$0	$0	$0	-$-1	-
Total	$1,143,488	$1,056,144	$1,546,546	$1,628,710	$1,691,802	48%