Analysis: Wheaton pays $2.80 for every $1 pensioners contribute to Wheaton Firefighters Pension Fund

By Local Labs News Service

Jun 6, 2018

Taxpayers contributed 73.4 percent of the $1,376,129 the Wheaton Firefighters Pension Fund brought in last year, or $2.80 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, Wheaton contributed $1,010,419 to the fund, which saw a $50,047 decrease in revenue over 2015. Members contributed $359,697, or 26.1 percent, in 2016. Another $6,013 came from other unspecified sources.

Wheaton Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$948,469	$931,961	$944,837	$1,056,269	$1,010,419	6.5%
Pension members	$304,284	$318,077	$319,392	$361,941	$359,697	18.2%
Other Revenue	-$21,025	-$5,842	$6,223	$7,966	$6,013	128.6%
Total	$1,231,728	$1,244,196	$1,270,452	$1,426,176	$1,376,129	11.7%