Analysis: Glendale Heights pays $7.47 for every $1 pensioners contribute to Glenside FPD Firefighters Pension Fund

By DuPage Policy Journal

Jul 22, 2020

Taxpayers contributed 88.2 percent of the $1,086,605 the Glenside FPD Firefighters Pension Fund brought in 2018, or $7.47 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, Glendale Heights contributed $958,714 to the fund, which saw a $901,416 decrease in revenue over 2017. Members contributed $128,188, or 11.8 percent, in 2018.

Glenside FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$529,455	$593,837	$1,269,717	$1,857,631	$958,714	81.1%
Pension members	$105,274	$121,275	$115,405	$130,390	$128,188	21.8%
Other Revenue	$0	$0	-$-1	$0	-$297	-
Total	$634,729	$715,112	$1,385,121	$1,988,021	$1,086,605	71.2%