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West Cook News

Friday, November 22, 2024

Analysis: Franklin Park pays $5.28 for every $1 pensioners contribute to Leyden Fpd Firefighters Pension Fund

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Taxpayers contributed 84.2 percent of the $626,670 the Leyden Fpd Firefighters Pension Fund brought in last year, or $5.28 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, Franklin Park contributed $527,898 to the fund, which saw a $27,707 increase in revenue over 2015. Members contributed $99,842, or 15.9 percent, in 2016.

Leyden Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$386,692$388,591$461,948$500,883$527,89836.5%
Pension members$81,637$91,293$97,442$99,385$99,84222.3%
Other Revenue$1,642-$1,503-$502-$1,305-$1,070-165.2%
Total$469,971$478,381$558,888$598,963$626,67033.3%

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