Quantcast

South Cook News

Friday, November 22, 2024

Analysis: Palos Hills pays $2.25 for every $1 pensioners contribute to North Palos Fpd Firefighters Pension Fund

Budget 12

Taxpayers contributed 69.3 percent of the $976,041 the North Palos Fpd Firefighters Pension Fund brought in last year, or $2.25 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, Palos Hills contributed $676,042 to the fund, which saw a $95,829 increase in revenue over 2015. Members contributed $299,999, or 30.7 percent, in 2016.

North Palos Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$313,168$523,766$528,580$578,109$676,042115.9%
Pension members$272,934$244,100$364,829$302,103$299,9999.9%
Other Revenue$0$0$432$0$0-
Total$586,102$767,866$893,841$880,212$976,04166.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS