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West Cook News

Friday, November 22, 2024

Analysis: Brookfield pays $4.39 for every $1 pensioners contribute to Brookfield Firefighters Pension Fund

Budget 12

Taxpayers contributed 81.1 percent of the $1,160,169 the Brookfield Firefighters Pension Fund brought in last year, or $4.39 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, Brookfield contributed $941,093 to the fund, which saw a $51,486 increase in revenue over 2015. Members contributed $214,304, or 18.5 percent, in 2016. Another $4,772 came from other unspecified sources.

Brookfield Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$537,446$705,566$777,356$864,042$941,09375.1%
Pension members$182,241$186,809$203,196$242,773$214,30417.6%
Other Revenue-$5,541-$5,083-$958$1,868$4,772186.1%
Total$714,146$887,292$979,594$1,108,683$1,160,16962.5%

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