Analysis: Addison pays $6.70 for every $1 pensioners contribute to Addison Firefighters Pension Fund

By DuPage Policy Journal

Jul 2, 2020

Taxpayers contributed 87.3 percent of the $3,671,517 the Addison Firefighters Pension Fund brought in 2018, or $6.70 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, Addison contributed $3,205,056 to the fund, which saw a $626,628 increase in revenue over 2017. Members contributed $478,082, or 13 percent, in 2018.

Addison Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,501,848	$1,681,984	$1,971,893	$2,592,620	$3,205,056	113.4%
Pension members	$425,134	$435,154	$452,947	$458,538	$478,082	12.5%
Other Revenue	-$59,192	-$54,617	-$203,555	-$6,269	-$11,621	80.4%
Total	$1,867,790	$2,062,521	$2,221,285	$3,044,889	$3,671,517	96.6%