Analysis: Orland Park pays $2.38 for every $1 pensioners contribute to Orland Fpd Firefighters Pension Fund

By Local Labs News Service

Jun 1, 2018

Taxpayers contributed 70 percent of the $4,039,250 the Orland Fpd Firefighters Pension Fund brought in last year, or $2.38 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, Orland Park contributed $2,828,543 to the fund, which saw a $371,505 decrease in revenue over 2015. Members contributed $1,185,562, or 29.4 percent, in 2016. Another $25,145 came from other unspecified sources.

Orland Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$28,912,576	$2,719,548	$3,386,334	$3,293,073	$2,828,543	-90.2%
Pension members	$1,119,344	$1,200,751	$1,214,057	$1,150,791	$1,185,562	5.9%
Other Revenue	-$360,350	$237,795	$41,891	-$33,109	$25,145	107%
Total	$29,671,570	$4,158,094	$4,642,282	$4,410,755	$4,039,250	-86.4%