Analysis: Bloomingdale pays $3.40 for every $1 pensioners contribute to Bloomingdale Fpd Firefighters Pension Fund

By Local Labs News Service

May 17, 2018

Taxpayers contributed 76.9 percent of the $1,672,096 the Bloomingdale Fpd Firefighters Pension Fund brought in last year, or $3.40 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 $1,285,263 to the fund, which saw a $4,855 decrease in revenue over 2015. Members contributed $377,568, or 22.6 percent, in 2016. Another $9,265 came from other unspecified sources.

Bloomingdale Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$648,000	$1,101,028	$958,175	$1,174,324	$1,285,263	98.3%
Pension members	$359,926	$356,208	$381,573	$487,268	$377,568	4.9%
Other Revenue	$33,444	-$4,079	$36,182	$15,359	$9,265	-72.3%
Total	$1,041,370	$1,453,157	$1,375,930	$1,676,951	$1,672,096	60.6%