Analysis: South Holland pays $3.40 for every $1 pensioners contribute to South Holland Police Pension Fund

By South Cook News

Sep 15, 2020

Taxpayers contributed 77 percent of the $1,803,262 the South Holland Police Pension Fund brought in 2018, or $3.40 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 $1,389,014 to the fund, which saw a $287,230 increase in revenue over 2017. Members contributed $408,216, or 22.6 percent, in 2018. Another $6,032 came from other unspecified sources.

South Holland Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$944,381	$963,590	$1,014,454	$1,154,471	$1,389,014	47.1%
Pension members	$380,096	$345,693	$397,143	$358,939	$408,216	7.4%
Other Revenue	$6,321	$4,379	-$7,200	$2,622	$6,032	-4.6%
Total	$1,330,798	$1,313,662	$1,404,397	$1,516,032	$1,803,262	35.5%