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Dupage Policy Journal

Friday, November 22, 2024

Analysis: Naperville pays $3.65 for every $1 pensioners contribute to Naperville Firefighters Pension Fund

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Taxpayers contributed 78.5 percent of the $8,176,526 the Naperville Firefighters Pension Fund brought in last year, or $3.65 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, Naperville contributed $6,415,496 to the fund, which saw a $1,639,645 increase in revenue over 2015. Members contributed $1,756,451, or 21.5 percent, in 2016. Another $4,579 came from other unspecified sources.

Naperville Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$4,712,742$4,701,436$7,929,771$5,355,723$6,415,49636.1%
Pension members$1,671,376$1,739,750$1,759,554$1,181,158$1,756,4515.1%
Other Revenue$379$344$2,243$0$4,5791108.2%
Total$6,384,497$6,441,530$9,691,568$6,536,881$8,176,52628.1%

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