Analysis: Orland Park pays $2.92 for every $1 pensioners contribute to Orland Park Police Pension Fund

By Local Labs News Service

Jun 2, 2018

Taxpayers contributed 74.5 percent of the $3,701,550 the Orland Park Police Pension Fund brought in last year, or $2.92 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 $2,757,499 to the fund, which saw a $329,737 increase in revenue over 2015. Members contributed $943,731, or 25.5 percent, in 2016. Another $320 came from other unspecified sources.

Orland Park Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$2,018,985	$2,115,062	$2,230,542	$2,412,752	$2,757,499	36.6%
Pension members	$876,722	$848,083	$1,051,328	$959,061	$943,731	7.6%
Other Revenue	$5,529	$9,966	$0	$0	$320	-94.2%
Total	$2,901,236	$2,973,111	$3,281,870	$3,371,813	$3,701,550	27.6%