Analysis: Deerfield pays $4.28 for every $1 pensioners contribute to Deerfield-Bannockburn FPD Firefighters Pension Fund

By Lake County Gazette

Jul 6, 2020

Taxpayers contributed 81.1 percent of the $2,208,517 the Deerfield-Bannockburn FPD Firefighters Pension Fund brought in 2018, or $4.28 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 $1,790,369 to the fund, which saw a $217,682 increase in revenue over 2017. Members contributed $418,148, or 18.9 percent, in 2018.

Deerfield-Bannockburn FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,106,747	$1,327,580	$1,398,327	$1,579,860	$1,790,369	61.8%
Pension members	$371,078	$392,091	$400,773	$410,851	$418,148	12.7%
Other Revenue	$0	$391	$0	$124	$0	-
Total	$1,477,825	$1,720,062	$1,799,100	$1,990,835	$2,208,517	49.4%