Quantcast

West Cook News

Friday, November 22, 2024

Analysis: North Riverside pays $7.24 for every $1 pensioners contribute to North Riverside Firefighters Pension Fund

Budget 08

Taxpayers contributed 87.9 percent of the $1,001,249 the North Riverside Firefighters Pension Fund brought in last year, or $7.24 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, North Riverside contributed $879,775 to the fund, which saw a $147,543 increase in revenue over 2015. Members contributed $121,473, or 12.1 percent, in 2016. Another $1 came from other unspecified sources.

North Riverside Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$100,000$100,000$222,700$723,859$879,775779.8%
Pension members$137,841$136,437$137,718$129,847$121,473-11.9%
Other Revenue$1$0$0$0$10%
Total$237,842$236,437$360,418$853,706$1,001,249321%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS