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Analysis: Oak Brook pays $6.58 for every $1 pensioners contribute to Oak Brook Firefighters Pension Fund

Local Government

By Local Labs News Service | May 30, 2018


Taxpayers contributed 88 percent of the $2,046,712 the Oak Brook Firefighters Pension Fund brought in last year, or $6.58 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, Oak Brook contributed $1,801,476 to the fund, which saw a $370,190 increase in revenue over 2015. Members contributed $273,775, or 13.4 percent, in 2016.

Oak Brook Firefighters Pension Fund revenue over 5 years
2012
2013
2014
2015
2016
Change 2012-2016
Municipality
$1,001,528
$1,057,081
$1,570,742
$1,414,530
$1,801,476
79.9%
Pension members
$261,795
$258,613
$267,458
$269,349
$273,775
4.6%
Other Revenue
$6,728
-$1,912
$14,279
-$7,357
-$28,539
-524.2%
Total
$1,270,051
$1,313,782
$1,852,479
$1,676,522
$2,046,712
61.2%

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Organizations in this Story

Oak Brook Firefighters Pension Fund

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