Analysis: Broadview pays $7.33 for every $1 pensioners contribute to Broadview Firefighters Pension Fund

By West Cook News

May 17, 2018

Taxpayers contributed 88 percent of the $1,576,217 the Broadview Firefighters Pension Fund brought in last year, or $7.33 for every $1 from pension members, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Broadview contributed $1,387,146 to the fund, which saw a $42,504 increase in revenue over 2015. Members contributed $189,071, or 12 percent, in 2016.

Broadview Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,604,738	$969,097	$1,260,441	$1,356,664	$1,387,146	-13.6%
Pension members	$151,348	$151,054	$158,953	$176,999	$189,071	24.9%
Other Revenue	$0	$0	-$-1	$50	$0	-
Total	$1,756,086	$1,120,151	$1,419,393	$1,533,713	$1,576,217	-10.2%