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Dupage Policy Journal

Friday, November 22, 2024

Analysis: Carol Stream pays $2.88 for every $1 pensioners contribute to Carol Stream FPD Firefighters Pension Fund

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Taxpayers contributed 74.9 percent of the $1,854,743 the Carol Stream FPD Firefighters Pension Fund brought in 2018, or $2.88 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, Carol Stream contributed $1,388,658 to the fund, which saw a $816,848 decrease in revenue over 2017. Members contributed $480,739, or 25.9 percent, in 2018.

Carol Stream FPD Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,128,917$1,151,258$1,172,985$2,206,852$1,388,65823%
Pension members$428,416$433,168$454,480$464,185$480,73912.2%
Other Revenue$3,387-$7,374$18,341$554-$14,654-532.7%
Total$1,560,720$1,577,052$1,645,806$2,671,591$1,854,74318.8%

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