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Dupage Policy Journal

Friday, November 22, 2024

Analysis: Naperville pays $4.90 for every $1 pensioners contribute to Naperville Firefighters Pension Fund

Budget 10

Taxpayers contributed 83.1 percent of the $10,840,003 the Naperville Firefighters Pension Fund brought in 2018, or $4.90 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, Naperville contributed $9,004,224 to the fund, which saw a $1,663,016 increase in revenue over 2017. Members contributed $1,835,003, or 16.9 percent, in 2018. Another $776 came from other unspecified sources.

Naperville Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$7,929,771$5,355,723$6,415,496$7,338,200$9,004,22413.5%
Pension members$1,759,554$1,181,158$1,756,451$1,836,878$1,835,0034.3%
Other Revenue$2,243$0$4,579$1,909$776-65.4%
Total$9,691,568$6,536,881$8,176,526$9,176,987$10,840,00311.8%

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