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Dupage Policy Journal

Sunday, December 22, 2024

Analysis: Downers Grove pays $4.29 for every $1 pensioners contribute to Downers Grove Firefighters Pension Fund

Budget01

Taxpayers contributed 81.4 percent of the $3,497,763 the Downers Grove Firefighters Pension Fund brought in last year, or $4.29 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, Downers Grove contributed $2,847,524 to the fund, which saw a $517,439 increase in revenue over 2015. Members contributed $662,633, or 18.9 percent, in 2016.

Downers Grove Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$2,155,385$2,249,940$2,494,658$2,344,190$2,847,52432.1%
Pension members$628,491$663,649$654,851$658,542$662,6335.4%
Other Revenue$0$1$2,649-$22,408-$12,394-
Total$2,783,876$2,913,590$3,152,158$2,980,324$3,497,76325.6%

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