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North Cook News

Sunday, November 24, 2024

Analysis: Bartlett pays $2.76 for every $1 pensioners contribute to Bartlett FPD Firefighters Pension Fund

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Taxpayers contributed 72.9 percent of the $1,433,358 the Bartlett FPD Firefighters Pension Fund brought in 2018, or $2.76 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, Bartlett contributed $1,044,975 to the fund, which saw a $76,188 increase in revenue over 2017. Members contributed $378,163, or 26.4 percent, in 2018. Another $10,220 came from other unspecified sources.

Bartlett FPD Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$941,131$927,940$969,819$984,917$1,044,97511%
Pension members$356,532$357,194$389,782$368,333$378,1636.1%
Other Revenue-$7,188-$4,164-$150$3,920$10,220242.2%
Total$1,290,475$1,280,970$1,359,451$1,357,170$1,433,35811.1%

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