Analysis: Wheaton pays $5.89 for every $1 pensioners contribute to Wheaton Firefighters Pension Fund

By DuPage Policy Journal

Aug 18, 2020

Taxpayers contributed 85.5 percent of the $1,744,257 the Wheaton Firefighters Pension Fund brought in 2018, or $5.89 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 $1,491,364 to the fund, which saw a $280,029 increase in revenue over 2017. Members contributed $252,922, or 14.5 percent, in 2018.

Wheaton Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$944,837	$1,056,269	$1,010,419	$1,104,091	$1,491,364	57.8%
Pension members	$319,392	$361,941	$359,697	$360,730	$252,922	-20.8%
Other Revenue	$6,223	$7,966	$6,013	-$593	-$29	-100.5%
Total	$1,270,452	$1,426,176	$1,376,129	$1,464,228	$1,744,257	37.3%