Analysis: Winnetka pays $7.58 for every $1 pensioners contribute to Winnetka Firefighters Pension Fund

By North Cook News

Aug 31, 2020

Taxpayers contributed 88.4 percent of the $1,973,068 the Winnetka Firefighters Pension Fund brought in 2018, or $7.58 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 $1,743,268 to the fund, which saw a $27,547 increase in revenue over 2017. Members contributed $229,800, or 11.6 percent, in 2018.

Winnetka Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,321,000	$1,396,267	$1,439,948	$1,708,105	$1,743,268	32%
Pension members	$225,546	$232,443	$251,855	$237,416	$229,800	1.9%
Other Revenue	$0	$0	-$-1	$0	$0	-
Total	$1,546,546	$1,628,710	$1,691,802	$1,945,521	$1,973,068	27.6%