Analysis: Broadview pays $10.39 for every $1 pensioners contribute to Broadview Firefighters Pension Fund

By West Cook News

Jul 7, 2020

Taxpayers contributed 91.2 percent of the $2,453,931 the Broadview Firefighters Pension Fund brought in 2018, or $10.39 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, Broadview contributed $2,238,526 to the fund, which saw a $953,308 increase in revenue over 2017. Members contributed $215,405, or 8.8 percent, in 2018.

Broadview Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,260,441	$1,356,664	$1,387,146	$1,301,423	$2,238,526	77.6%
Pension members	$158,953	$176,999	$189,071	$198,999	$215,405	35.5%
Other Revenue	-$-1	$50	$0	$201	$0	100%
Total	$1,419,393	$1,533,713	$1,576,217	$1,500,623	$2,453,931	72.9%