Analysis: Bridgeview pays $6.17 for every $1 pensioners contribute to Bridgeview Firefighters Pension Fund

By South Cook News

Jul 5, 2020

Taxpayers contributed 86.1 percent of the $1,856,733 the Bridgeview Firefighters Pension Fund brought in 2018, or $6.17 for every $1 from pension members, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Bridgeview contributed $1,598,000 to the fund, which saw a $222,953 increase in revenue over 2017. Members contributed $258,733, or 13.9 percent, in 2018.

Bridgeview Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,310,298	$1,447,474	$1,406,913	$1,400,497	$1,598,000	22%
Pension members	$223,164	$307,461	$261,885	$233,284	$258,733	15.9%
Other Revenue	-$-1	$1	$0	-$-1	$0	100%
Total	$1,533,461	$1,754,936	$1,668,798	$1,633,780	$1,856,733	21.1%