Analysis: Villa Park pays $6.63 for every $1 pensioners contribute to Villa Park Firefighters Pension Fund

By DuPage Policy Journal

Aug 9, 2020

Taxpayers contributed 87.5 percent of the $1,174,193 the Villa Park Firefighters Pension Fund brought in 2018, or $6.63 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 $1,026,906 to the fund, which saw a $106,387 increase in revenue over 2017. Members contributed $154,753, or 13.2 percent, in 2018.

Villa Park Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$525,048	$610,756	$706,719	$846,065	$1,026,906	95.6%
Pension members	$225,357	$192,969	$220,489	$217,064	$154,753	-31.3%
Other Revenue	$47,601	-$9,935	-$31,102	$4,677	-$7,466	-115.7%
Total	$798,006	$793,790	$896,106	$1,067,806	$1,174,193	47.1%