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Dupage Policy Journal

Sunday, December 22, 2024

Analysis: Warrenville pays $5.73 for every $1 pensioners contribute to Alsip Firefighters Pension Fund

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Taxpayers contributed 85.2 percent of the $2,073,629 the Alsip Firefighters Pension Fund brought in 2018, or $5.73 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, Warrenville contributed $1,765,714 to the fund, which saw a $3,265 increase in revenue over 2017. Members contributed $307,846, or 14.8 percent, in 2018. Another $69 came from other unspecified sources.

Alsip Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,301,138$1,538,881$1,541,749$1,694,818$1,765,71435.7%
Pension members$287,254$286,786$313,228$294,101$307,8467.2%
Other Revenue$8$4,517$15$81,445$69762.5%
Total$1,588,400$1,830,184$1,854,992$2,070,364$2,073,62930.5%

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