Analysis: Evergreen Park pays $1.85 for every $1 pensioners contribute to Evergreen Park Police Pension Fund

By Local Labs News Service

May 22, 2018

Taxpayers contributed 65 percent of the $1,597,347 the Evergreen Park Police Pension Fund brought in last year, or $1.85 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, Evergreen Park contributed $1,037,487 to the fund, which saw a $258,013 increase in revenue over 2015. Members contributed $559,357, or 35 percent, in 2016. Another $503 came from other unspecified sources.

Evergreen Park Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$773,907	$823,677	$929,407	$825,601	$1,037,487	34.1%
Pension members	$517,099	$522,456	$533,073	$513,170	$559,357	8.2%
Other Revenue	$2,301	$112	$0	$563	$503	-78.1%
Total	$1,293,307	$1,346,245	$1,462,480	$1,339,334	$1,597,347	23.5%