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South Cook News

Friday, November 22, 2024

Analysis: Dolton pays $3.30 for every $1 pensioners contribute to Dolton Firefighters Pension Fund

Budget 02

Taxpayers contributed 76.4 percent of the $653,415 the Dolton Firefighters Pension Fund brought in last year, or $3.30 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, Dolton contributed $499,389 to the fund, which saw a $74,225 increase in revenue over 2015. Members contributed $151,144, or 23.1 percent, in 2016. Another $2,882 came from other unspecified sources.

Dolton Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$246,426$562,775$479,277$455,180$499,389102.7%
Pension members$139,949$141,268$146,777$126,553$151,1448%
Other Revenue$27,162$13,766$6,163-$2,543$2,882-89.4%
Total$413,537$717,809$632,217$579,190$653,41558%

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