Analysis: Oak Brook pays $6.88 for every $1 pensioners contribute to Oak Brook Firefighters Pension Fund

By DuPage Policy Journal

Aug 2, 2020

Taxpayers contributed 87.2 percent of the $2,367,616 the Oak Brook Firefighters Pension Fund brought in 2018, or $6.88 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, Oak Brook contributed $2,064,689 to the fund, which saw a $15,287 decrease in revenue over 2017. Members contributed $300,087, or 12.7 percent, in 2018. Another $2,840 came from other unspecified sources.

Oak Brook Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,570,742	$1,414,530	$1,801,476	$2,080,231	$2,064,689	31.4%
Pension members	$267,458	$269,349	$273,775	$295,477	$300,087	12.2%
Other Revenue	$14,279	-$7,357	-$28,539	$7,195	$2,840	-80.1%
Total	$1,852,479	$1,676,522	$2,046,712	$2,382,903	$2,367,616	27.8%