Analysis: Itasca pays $3.37 for every $1 pensioners contribute to Itasca Fpd #1 Firefighters Pension Fund
Taxpayers contributed 77.1 percent of the $1,047,110 the Itasca Fpd #1 Firefighters Pension Fund brought in last year, or $3.37 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, Itasca contributed $807,778 to the fund, which saw a $26,401 increase in revenue over 2015. Members contributed $239,332, or 22.9 percent, in 2016.
Itasca Fpd #1 Firefighters Pension Fund revenue over 5 years
| 2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
|---|---|---|---|---|---|---|
| Municipality | $536,906 | $570,508 | $624,167 | $770,316 | $807,778 | 50.5% |
| Pension members | $191,652 | $197,397 | $204,122 | $250,393 | $239,332 | 24.9% |
| Other Revenue | $0 | $0 | $0 | $0 | $0 | - |
| Total | $728,558 | $767,905 | $828,289 | $1,020,709 | $1,047,110 | 43.7% |