Quantcast

West Cook News

Friday, November 22, 2024

Analysis: Forest View pays $12.63 for every $1 pensioners contribute to Forest View Firefighters Pension Fund

Budget007

Taxpayers contributed 95 percent of the $175,450 the Forest View Firefighters Pension Fund brought in 2018, or $12.63 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, Forest View contributed $166,712 to the fund, which saw a $403,609 decrease in revenue over 2017. Members contributed $13,194, or 7.5 percent, in 2018.

Forest View Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$236,145$135,971$281,211$570,568$166,712-29.4%
Pension members$24,012$19,067$9,526$8,839$13,194-45.1%
Other Revenue$2$8-$1,683-$348-$4,456-222900%
Total$260,159$155,046$289,054$579,059$175,450-32.6%

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