Lake County Gazette

Lake County Gazette

Sunday, April 5, 2020

Analysis: Deerfield pays $3.48 for every $1 pensioners contribute to Deerfield-Bannockburn Fpd Firefighters Pension Fun

Local Government

By Local Labs News Service | May 17, 2018

Budget 12

Taxpayers contributed 77.7 percent of the $1,799,100 the Deerfield-Bannockburn Fpd Firefighters Pension Fun brought in last year, or $3.48 for every $1 from pension members, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Deerfield contributed $1,398,327 to the fund, which saw a $79,038 increase in revenue over 2015. Members contributed $400,773, or 22.3 percent, in 2016.

Deerfield-Bannockburn Fpd Firefighters Pension Fun revenue over 5 years
2012
2013
2014
2015
2016
Change 2012-2016
Municipality
$972,567
$974,678
$1,106,747
$1,327,580
$1,398,327
43.8%
Pension members
$346,176
$366,221
$371,078
$392,091
$400,773
15.8%
Other Revenue
$0
$0
$0
$391
$0
-
Total
$1,318,743
$1,340,899
$1,477,825
$1,720,062
$1,799,100
36.4%

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Organizations in this Story

Deerfield-Bannockburn Fire Department Firefighters Pension Fund

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