Analysis: Bloomingdale pays $3.09 for every $1 pensioners contribute to Bloomingdale FPD Firefighters Pension Fund
Taxpayers contributed 75.7 percent of the $1,834,783 the Bloomingdale FPD Firefighters Pension Fund brought in 2018, or $3.09 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, Bloomingdale contributed $1,389,319 to the fund, which saw a $88,787 increase in revenue over 2017. Members contributed $448,198, or 24.4 percent, in 2018.
Bloomingdale FPD Firefighters Pension Fund revenue over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Municipality | $958,175 | $1,174,324 | $1,285,263 | $1,338,115 | $1,389,319 | 45% |
| Pension members | $381,573 | $487,268 | $377,568 | $399,237 | $448,198 | 17.5% |
| Other Revenue | $36,182 | $15,359 | $9,265 | $8,644 | -$2,734 | -107.6% |
| Total | $1,375,930 | $1,676,951 | $1,672,096 | $1,745,996 | $1,834,783 | 33.3% |