Analysis: Oak Park pays $6.70 for every $1 pensioners contribute to Oak Park Firefighters Pension Fund

By West Cook News

Jun 4, 2018

Taxpayers contributed 87.2 percent of the $4,335,303 the Oak Park Firefighters Pension Fund brought in last year, or $6.70 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, Oak Park contributed $3,779,495 to the fund, which saw a $333,114 increase in revenue over 2015. Members contributed $563,721, or 13 percent, in 2016.

Oak Park Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$3,217,975	$3,320,143	$3,283,111	$3,473,103	$3,779,495	17.4%
Pension members	$529,100	$517,959	$526,517	$547,100	$563,721	6.5%
Other Revenue	$14,358	-$1,736	$6,830	-$18,014	-$7,913	-155.1%
Total	$3,761,433	$3,836,366	$3,816,458	$4,002,189	$4,335,303	15.3%