Analysis: Downers Grove pays $4.78 for every $1 pensioners contribute to Downers Grove Firefighters Pension Fund

By DuPage Policy Journal

Jul 16, 2020

Taxpayers contributed 82.5 percent of the $4,158,744 the Downers Grove Firefighters Pension Fund brought in 2018, or $4.78 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, Downers Grove contributed $3,432,422 to the fund, which saw a $393,498 increase in revenue over 2017. Members contributed $716,890, or 17.2 percent, in 2018. Another $9,432 came from other unspecified sources.

Downers Grove Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,494,658	$2,344,190	$2,847,524	$3,086,489	$3,432,422	37.6%
Pension members	$654,851	$658,542	$662,633	$671,040	$716,890	9.5%
Other Revenue	$2,649	-$22,408	-$12,394	$7,717	$9,432	256.1%
Total	$3,152,158	$2,980,324	$3,497,763	$3,765,246	$4,158,744	31.9%