Analysis: Orland Park pays $3.03 for every $1 pensioners contribute to Orland Park Police Pension Fund

By South Cook News

Aug 26, 2020

Taxpayers contributed 75.2 percent of the $3,953,580 the Orland Park Police Pension Fund brought in 2018, or $3.03 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 $2,974,807 to the fund, which saw a $194,045 decrease in revenue over 2017. Members contributed $978,773, or 24.8 percent, in 2018.

Orland Park Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,230,542	$2,412,752	$2,757,499	$3,190,585	$2,974,807	33.4%
Pension members	$1,051,328	$959,061	$943,731	$957,040	$978,773	-6.9%
Other Revenue	$0	$0	$320	$0	$0	-
Total	$3,281,870	$3,371,813	$3,701,550	$4,147,625	$3,953,580	20.5%