Dupage Policy Journal

Without members and taxpayers subsidizing its revenue, the Warrenville FPD Firefighters Pension Fund would have lost $76,390 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

The fund has $4,335,433 in total assets. If the fund’s annual losses stay the same, it would run out of money in 57 years without these subsidies.

The fund earned $213,145 in investment income and other revenue in 2018. At the same time, it paid out $289,535 in expenses, according to the 2019 biennial report detailing the health of each of the state’s pension funds and retirement systems. The difference between the two shows the fund’s annual loss without subsidies.

Taxpayers added $325,671 to the fund’s revenue last year – an amount that has increased from $175,492 five years ago. Members contributed an additional $79,601 – $6,999 more than five years ago.

In all, subsidies amounted to $405,272 in 2018.

Year	Total non-subsidy revenue	Total expenses	Outcome without subsidies
2018	$213,145	$289,535	-$76,390
2017	$264,397	$298,354	-$33,957
2016	$9,803	$251,599	-$241,796
2015	$184,821	$181,687	$3,134
2014	$118,855	$152,363	-$33,508