Analysis: Park Forest pays $4.61 for every $1 pensioners contribute to Park Forest Firefighters Pension Fund

By Local Labs News Service

Jun 4, 2018

Taxpayers contributed 82.2 percent of the $1,129,114 the Park Forest Firefighters Pension Fund brought in last year, or $4.61 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, Park Forest contributed $928,036 to the fund, which saw a $81,803 increase in revenue over 2015. Members contributed $201,078, or 17.8 percent, in 2016.

Park Forest Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$744,177	$652,523	$718,145	$851,806	$928,036	24.7%
Pension members	$191,075	$186,270	$189,426	$195,505	$201,078	5.2%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$935,252	$838,793	$907,571	$1,047,311	$1,129,114	20.7%