Analysis: Northbrook pays $4.85 for every $1 pensioners contribute to Northbrook Firefighters Pension Fund

By North Cook News

Aug 7, 2020

Taxpayers contributed 82.9 percent of the $4,213,213 the Northbrook Firefighters Pension Fund brought in 2018, or $4.85 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, Northbrook contributed $3,492,984 to the fund, which saw a $1,425,773 increase in revenue over 2017. Members contributed $719,855, or 17.1 percent, in 2018. Another $374 came from other unspecified sources.

Northbrook Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,319,964	$1,332,783	$1,565,117	$2,096,175	$3,492,984	164.6%
Pension members	$686,989	$704,152	$631,545	$691,265	$719,855	4.8%
Other Revenue	$818	$0	$0	$0	$374	-54.3%
Total	$2,007,771	$2,036,935	$2,196,662	$2,787,440	$4,213,213	109.8%