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West Cook News

Friday, November 22, 2024

Analysis: Brookfield pays $5.04 for every $1 pensioners contribute to Brookfield Firefighters Pension Fund

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Taxpayers contributed 83.1 percent of the $1,286,995 the Brookfield Firefighters Pension Fund brought in 2018, or $5.04 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, Brookfield contributed $1,069,843 to the fund, which saw a $53,738 increase in revenue over 2017. Members contributed $211,960, or 16.5 percent, in 2018. Another $5,192 came from other unspecified sources.

Brookfield Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$777,356$864,042$941,093$1,022,479$1,069,84337.6%
Pension members$203,196$242,773$214,304$209,777$211,9604.3%
Other Revenue-$958$1,868$4,772$1,001$5,192642%
Total$979,594$1,108,683$1,160,169$1,233,257$1,286,99531.4%

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