Firemen's Annuity and Benefit Fund of Chicago, Illinois ... - Fabf.org
Firemen's Annuity and Benefit Fund of Chicago, Illinois ... - Fabf.org
Firemen's Annuity and Benefit Fund of Chicago, Illinois ... - Fabf.org
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Firemen's</strong> <strong>Annuity</strong> <strong>and</strong> <strong>Benefit</strong> <strong>Fund</strong> <strong>of</strong> <strong>Chicago</strong><br />
Schedules <strong>of</strong> Administrative Expenses<br />
Years Ended December 31, 2006 <strong>and</strong> 2005<br />
30<br />
2006 2005<br />
Personnel services<br />
Office salaries $ 1,127,543 $ 988,937<br />
Employee benefits 238,342<br />
217,719<br />
Total personnel services 1,365,885<br />
1,206,656<br />
Trustee <strong>and</strong> staff education/training 17,157<br />
15,394<br />
Pr<strong>of</strong>essional services<br />
Accounting 10,749 -<br />
Actuarial 85,507 109,123<br />
Audit 28,600 27,800<br />
Computer consulting 16,000 16,350<br />
Medical 102,492 116,973<br />
Legal 381,106 416,298<br />
Payroll administration 7,883<br />
8,379<br />
Total pr<strong>of</strong>essional services 632,337<br />
694,923<br />
Miscellaneous<br />
Rent 169,460 126,249<br />
Disaster recovery 80,544 -<br />
Insurance <strong>and</strong> surety bond 88,354 7,427<br />
Utilities 22,218 19,553<br />
Equipment <strong>and</strong> maintenance 29,572 21,653<br />
Printing <strong>and</strong> postage 114,175 97,104<br />
Office supplies 20,431 16,294<br />
General <strong>and</strong> administrative 24,503 18,401<br />
Other 82,103<br />
66,717<br />
Total miscellaneous 631,360<br />
373,398<br />
Total administrative expenses $ 2,646,739 $ 2,290,371