Analysis: Hinsdale pays $4.45 for every $1 pensioners contribute to Hinsdale Firefighters Pension Fund

By DuPage Policy Journal

Jul 23, 2020

Taxpayers contributed 81.7 percent of the $1,224,011 the Hinsdale Firefighters Pension Fund brought in 2018, or $4.45 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, Hinsdale contributed $999,411 to the fund, which saw a $211,588 increase in revenue over 2017. Members contributed $224,414, or 18.3 percent, in 2018. Another $186 came from other unspecified sources.

Hinsdale Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$733,882	$792,836	$898,144	$812,141	$999,411	36.2%
Pension members	$182,244	$190,629	$197,170	$196,977	$224,414	23.1%
Other Revenue	$1,299	-$6,488	$116	$3,305	$186	-85.7%
Total	$917,425	$976,977	$1,095,430	$1,012,423	$1,224,011	33.4%