Analysis: Oak Brook pays $6.58 for every $1 pensioners contribute to Oak Brook Firefighters Pension Fund

By Local Labs News Service

May 30, 2018

Taxpayers contributed 88 percent of the $2,046,712 the Oak Brook Firefighters Pension Fund brought in last year, or $6.58 for every $1 from pension members, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Oak Brook contributed $1,801,476 to the fund, which saw a $370,190 increase in revenue over 2015. Members contributed $273,775, or 13.4 percent, in 2016.

Oak Brook Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,001,528	$1,057,081	$1,570,742	$1,414,530	$1,801,476	79.9%
Pension members	$261,795	$258,613	$267,458	$269,349	$273,775	4.6%
Other Revenue	$6,728	-$1,912	$14,279	-$7,357	-$28,539	-524.2%
Total	$1,270,051	$1,313,782	$1,852,479	$1,676,522	$2,046,712	61.2%