Analysis: Berwyn pays $1.73 for every $1 pensioners contribute to Berwyn Firefighters Pension Fund

By West Cook News

Jul 5, 2020

Taxpayers contributed 63.1 percent of the $1,929,870 the Berwyn Firefighters Pension Fund brought in 2018, or $1.73 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, Berwyn contributed $1,217,979 to the fund, which saw a $4,174 decrease in revenue over 2017. Members contributed $702,527, or 36.4 percent, in 2018. Another $9,364 came from other unspecified sources.

Berwyn Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,036,570	$16,498,436	$1,573,440	$1,184,601	$1,217,979	-40.2%
Pension members	$639,271	$664,862	$692,483	$731,785	$702,527	9.9%
Other Revenue	$22,557	$31,195	$11,378	$17,658	$9,364	-58.5%
Total	$2,698,398	$17,194,493	$2,277,301	$1,934,044	$1,929,870	-28.5%