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West Cook News

Saturday, November 2, 2024

Analysis: River Forest pays $6.38 for every $1 pensioners contribute to River Forest Firefighters Pension Fund

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Taxpayers contributed 85.8 percent of the $1,321,661 the River Forest Firefighters Pension Fund brought in 2018, or $6.38 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 $1,133,899 to the fund, which saw a $61,676 increase in revenue over 2017. Members contributed $177,633, or 13.4 percent, in 2018. Another $10,129 came from other unspecified sources.

River Forest Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$660,354$822,631$946,756$1,086,300$1,133,89971.7%
Pension members$188,019$184,809$184,123$174,437$177,633-5.5%
Other Revenue$3,297-$3,341$1,865-$752$10,129207.2%
Total$851,670$1,004,099$1,132,744$1,259,985$1,321,66155.2%

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