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West Cook News

Saturday, November 2, 2024

Analysis: River Forest pays $5.14 for every $1 pensioners contribute to River Forest Firefighters Pension Fund

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Taxpayers contributed 83.6 percent of the $1,132,744 the River Forest Firefighters Pension Fund brought in last year, or $5.14 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, River Forest contributed $946,756 to the fund, which saw a $128,645 increase in revenue over 2015. Members contributed $184,123, or 16.3 percent, in 2016. Another $1,865 came from other unspecified sources.

River Forest Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$632,528$496,178$660,354$822,631$946,75649.7%
Pension members$177,936$184,739$188,019$184,809$184,1233.5%
Other Revenue$0$30$3,297-$3,341$1,865-
Total$810,464$680,947$851,670$1,004,099$1,132,74439.8%

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