Analysis: South Holland pays $2.56 for every $1 pensioners contribute to South Holland Firefighters' Pension Fund

By Local Labs News Service

Jun 10, 2018

Taxpayers contributed 73.2 percent of the $669,309 the South Holland Firefighters' Pension Fund brought in last year, or $2.56 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, South Holland contributed $489,984 to the fund, which saw a $47,431 increase in revenue over 2015. Members contributed $191,032, or 28.5 percent, in 2016.

South Holland Firefighters' Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$438,286	$424,630	$454,061	$452,297	$489,984	11.8%
Pension members	$146,937	$166,712	$173,033	$170,122	$191,032	30%
Other Revenue	-$-1	-$2,151	-$9,679	-$541	-$11,707	-1170600%
Total	$585,222	$589,191	$617,415	$621,878	$669,309	14.4%