Analysis: Bloomingdale pays $3.09 for every $1 pensioners contribute to Bloomingdale FPD Firefighters Pension Fund

By DuPage Policy Journal

Jul 7, 2020

Taxpayers contributed 75.7 percent of the $1,834,783 the Bloomingdale FPD Firefighters Pension Fund brought in 2018, or $3.09 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, Bloomingdale contributed $1,389,319 to the fund, which saw a $88,787 increase in revenue over 2017. Members contributed $448,198, or 24.4 percent, in 2018.

Bloomingdale FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$958,175	$1,174,324	$1,285,263	$1,338,115	$1,389,319	45%
Pension members	$381,573	$487,268	$377,568	$399,237	$448,198	17.5%
Other Revenue	$36,182	$15,359	$9,265	$8,644	-$2,734	-107.6%
Total	$1,375,930	$1,676,951	$1,672,096	$1,745,996	$1,834,783	33.3%