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West Cook News

Friday, November 22, 2024

Analysis: Forest View pays $29.52 for every $1 pensioners contribute to Forest View Firefighters Pension Fund

Budget 01

Taxpayers contributed 97.3 percent of the $289,054 the Forest View Firefighters Pension Fund brought in last year, or $29.52 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, Forest View contributed $281,211 to the fund, which saw a $134,008 increase in revenue over 2015. Members contributed $9,526, or 3.3 percent, in 2016.

Forest View Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$46,062$124,099$236,145$135,971$281,211510.5%
Pension members$23,569$22,039$24,012$19,067$9,526-59.6%
Other Revenue$1-$967$2$8-$1,683-168400%
Total$69,632$145,171$260,159$155,046$289,054315.1%

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