Analysis: Addison pays $4.35 for every $1 pensioners contribute to Addison Firefighters Pension Fund

By Local Labs News Service

May 15, 2018

Taxpayers contributed 88.8 percent of the $2,221,285 the Addison Firefighters Pension Fund brought in last year, or $4.35 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, Addison contributed $1,971,893 to the fund, which saw a $158,764 increase in revenue over 2015. Members contributed $452,947, or 20.4 percent, in 2016.

Addison Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,372,031	$1,335,824	$1,501,848	$1,681,984	$1,971,893	43.7%
Pension members	$440,292	$414,006	$425,134	$435,154	$452,947	2.9%
Other Revenue	-$60,225	-$14,804	-$59,192	-$54,617	-$203,555	-238%
Total	$1,752,098	$1,735,026	$1,867,790	$2,062,521	$2,221,285	26.8%