Quantcast

Dupage Policy Journal

Friday, April 19, 2024

Analysis: Glendale Heights pays $11 for every $1 pensioners contribute to Glenside Fpd Firefighters Pension Fund

Budget 12

Taxpayers contributed 91.7 percent of the $1,385,121 the Glenside Fpd Firefighters Pension Fund brought in last year, or $11 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, Glendale Heights contributed $1,269,717 to the fund, which saw a $670,009 increase in revenue over 2015. Members contributed $115,405, or 8.3 percent, in 2016.

Glenside Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$319,186$325,240$529,455$593,837$1,269,717297.8%
Pension members$116,589$115,368$105,274$121,275$115,405-1%
Other Revenue$0$0$0$0-$-1-
Total$435,775$440,608$634,729$715,112$1,385,121217.9%

MORE NEWS