Analysis: Villa Park pays $3.20 for every $1 pensioners contribute to Villa Park Firefighters Pension Fund

By Local Labs News Service

Jun 2, 2018

Taxpayers contributed 78.9 percent of the $896,106 the Villa Park Firefighters Pension Fund brought in last year, or $3.20 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, Villa Park contributed $706,719 to the fund, which saw a $102,316 increase in revenue over 2015. Members contributed $220,489, or 24.6 percent, in 2016.

Villa Park Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$501,035	$390,488	$525,048	$610,756	$706,719	41.1%
Pension members	$179,551	$181,418	$225,357	$192,969	$220,489	22.8%
Other Revenue	-$28,147	-$11,448	$47,601	-$9,935	-$31,102	-10.5%
Total	$652,439	$560,458	$798,006	$793,790	$896,106	37.3%