Analysis: Des Plaines pays $7.35 for every $1 pensioners contribute to North Maine FPD Firefighters Pension Fund

By North Cook News

Aug 5, 2020

Taxpayers contributed 88.9 percent of the $1,709,196 the North Maine FPD Firefighters Pension Fund brought in 2018, or $7.35 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 $1,519,259 to the fund, which saw a $296,311 decrease in revenue over 2017. Members contributed $206,621, or 12.1 percent, in 2018.

North Maine FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,997,164	$1,601,136	$1,770,590	$1,803,520	$1,519,259	-23.9%
Pension members	$206,050	$200,066	$199,073	$201,860	$206,621	0.3%
Other Revenue	$11,838	-$18,915	$5,730	$127	-$16,684	-240.9%
Total	$2,215,052	$1,782,287	$1,975,393	$2,005,507	$1,709,196	-22.8%