Analysis: Wood Dale pays $4.67 for every $1 pensioners contribute to Wood Dale FPD Firefighters Pension Fund

By DuPage Policy Journal

Aug 23, 2020

Taxpayers contributed 82.4 percent of the $1,264,754 the Wood Dale FPD Firefighters Pension Fund brought in 2018, or $4.67 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 $1,042,419 to the fund, which saw a $255,391 decrease in revenue over 2017. Members contributed $223,197, or 17.6 percent, in 2018.

Wood Dale FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,201,266	$1,101,056	$1,254,316	$1,287,799	$1,042,419	-13.2%
Pension members	$211,583	$212,550	$243,897	$225,428	$223,197	5.5%
Other Revenue	-$4,260	-$2,547	-$1,866	$6,918	-$862	79.8%
Total	$1,408,589	$1,311,059	$1,496,347	$1,520,145	$1,264,754	-10.2%