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South Cook News

Friday, November 22, 2024

Analysis: Country Club Hills pays $3.64 for every $1 pensioners contribute to Country Club Hills Firefighters Pension Fund

Budget 02

Taxpayers contributed 77.2 percent of the $695,611 the Country Club Hills Firefighters Pension Fund brought in last year, or $3.64 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, Country Club Hills contributed $536,703 to the fund, which saw a $218,052 increase in revenue over 2015. Members contributed $147,406, or 21.2 percent, in 2016. Another $11,502 came from other unspecified sources.

Country Club Hills Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$361,133$346,340$340,480$348,499$536,70348.6%
Pension members$106,380$130,567$120,711$125,404$147,40638.6%
Other Revenue-$16,209-$542-$2,669$3,656$11,502171%
Total$451,304$476,365$458,522$477,559$695,61154.1%

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