Analysis: South Holland pays $2.55 for every $1 pensioners contribute to South Holland Police Pension Fund

By Local Labs News Service

Jun 12, 2018

Taxpayers contributed 72.2 percent of the $1,404,397 the South Holland Police Pension Fund brought in last year, or $2.55 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 $1,014,454 to the fund, which saw a $90,735 increase in revenue over 2015. Members contributed $397,143, or 28.3 percent, in 2016.

South Holland Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$818,254	$912,627	$944,381	$963,590	$1,014,454	24%
Pension members	$329,058	$348,789	$380,096	$345,693	$397,143	20.7%
Other Revenue	$0	-$18,048	$6,321	$4,379	-$7,200	-
Total	$1,147,312	$1,243,368	$1,330,798	$1,313,662	$1,404,397	22.4%