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North Cook News

Friday, November 22, 2024

Analysis: Glenview pays $4.97 for every $1 pensioners contribute to Glenview Firefighters Pension Fund

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Taxpayers contributed 83.1 percent of the $4,869,388 the Glenview Firefighters Pension Fund brought in 2018, or $4.97 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, Glenview contributed $4,048,725 to the fund, which saw a $231,131 increase in revenue over 2017. Members contributed $814,043, or 16.7 percent, in 2018. Another $6,620 came from other unspecified sources.

Glenview Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$3,134,768$10,309,348$4,016,250$3,839,494$4,048,72529.2%
Pension members$751,554$750,195$782,515$801,858$814,0438.3%
Other Revenue$36,402$40,187-$5,825-$3,095$6,620-81.8%
Total$3,922,724$11,099,730$4,792,940$4,638,257$4,869,38824.1%

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