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Dupage Policy Journal

Tuesday, November 5, 2024

Analysis: Hinsdale pays $4.55 for every $1 pensioners contribute to Hinsdale Firefighters Pension Fund

Budget 05

Taxpayers contributed 82 percent of the $1,095,430 the Hinsdale Firefighters Pension Fund brought in last year, or $4.55 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, Hinsdale contributed $898,144 to the fund, which saw a $118,453 increase in revenue over 2015. Members contributed $197,170, or 18 percent, in 2016. Another $116 came from other unspecified sources.

Hinsdale Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$811,979$731,556$733,882$792,836$898,14410.6%
Pension members$174,553$173,690$182,244$190,629$197,17013%
Other Revenue$0-$7,615$1,299-$6,488$116-
Total$986,532$897,631$917,425$976,977$1,095,43011%

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