Analysis: Wood Dale pays $5.14 for every $1 pensioners contribute to Wood Dale Fpd Firefighters Pension Fund

By Local Labs News Service

Jun 12, 2018

Taxpayers contributed 83.8 percent of the $1,496,347 the Wood Dale Fpd Firefighters Pension Fund brought in last year, or $5.14 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, Wood Dale contributed $1,254,316 to the fund, which saw a $185,288 increase in revenue over 2015. Members contributed $243,897, or 16.3 percent, in 2016.

Wood Dale Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$907,896	$914,536	$1,201,266	$1,101,056	$1,254,316	38.2%
Pension members	$197,937	$205,981	$211,583	$212,550	$243,897	23.2%
Other Revenue	$1,751	-$12,220	-$4,260	-$2,547	-$1,866	-206.6%
Total	$1,107,584	$1,108,297	$1,408,589	$1,311,059	$1,496,347	35.1%