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Dupage Policy Journal

Thursday, November 28, 2024

Analysis: Itasca pays $3.37 for every $1 pensioners contribute to Itasca Fpd #1 Firefighters Pension Fund

Budget 10

Taxpayers contributed 77.1 percent of the $1,047,110 the Itasca Fpd #1 Firefighters Pension Fund brought in last year, or $3.37 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, Itasca contributed $807,778 to the fund, which saw a $26,401 increase in revenue over 2015. Members contributed $239,332, or 22.9 percent, in 2016.

Itasca Fpd #1 Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$536,906$570,508$624,167$770,316$807,77850.5%
Pension members$191,652$197,397$204,122$250,393$239,33224.9%
Other Revenue$0$0$0$0$0-
Total$728,558$767,905$828,289$1,020,709$1,047,11043.7%

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