Analysis: Des Plaines pays $5.85 for every $1 pensioners contribute to Des Plaines Firefighters' Pension Fund

By North Cook News

Jul 11, 2020

Taxpayers contributed 85.3 percent of the $6,025,807 the Des Plaines Firefighters' Pension Fund brought in 2018, or $5.85 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, Des Plaines contributed $5,141,314 to the fund, which saw a $247,467 increase in revenue over 2017. Members contributed $878,172, or 14.6 percent, in 2018. Another $6,321 came from other unspecified sources.

Des Plaines Firefighters' Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$4,155,983	$4,304,044	$4,433,104	$4,916,225	$5,141,314	23.7%
Pension members	$883,723	$836,027	$829,676	$867,424	$878,172	-0.6%
Other Revenue	-$3,002	$1,613	-$5,835	-$5,309	$6,321	310.6%
Total	$5,036,704	$5,141,684	$5,256,945	$5,778,340	$6,025,807	19.6%