Analysis: Flossmoor pays $2.13 for every $1 pensioners contribute to Flossmoor Police Pension Fund

By Local Labs News Service

May 23, 2018

Taxpayers contributed 68.3 percent of the $837,605 the Flossmoor Police Pension Fund brought in last year, or $2.13 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, Flossmoor contributed $571,732 to the fund, which saw a $113,345 increase in revenue over 2015. Members contributed $267,982, or 32 percent, in 2016.

Flossmoor Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$465,261	$394,113	$487,746	$559,108	$571,732	22.9%
Pension members	$141,448	$148,133	$153,809	$161,883	$267,982	89.5%
Other Revenue	$0	$3,142	$6,287	$3,269	-$2,109	-
Total	$606,709	$545,388	$647,842	$724,260	$837,605	38.1%