Analysis: Orland Park pays $2.06 for every $1 pensioners contribute to Orland FPD Firefighters Pension Fund

By South Cook News

Aug 24, 2020

Taxpayers contributed 67.4 percent of the $3,923,587 the Orland FPD Firefighters Pension Fund brought in 2018, or $2.06 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 $2,645,820 to the fund, which saw a $241,397 decrease in revenue over 2017. Members contributed $1,282,881, or 32.7 percent, in 2018.

Orland FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$3,386,334	$3,293,073	$2,828,543	$2,863,554	$2,645,820	-21.9%
Pension members	$1,214,057	$1,150,791	$1,185,562	$1,223,282	$1,282,881	5.7%
Other Revenue	$41,891	-$33,109	$25,145	$78,148	-$5,114	-112.2%
Total	$4,642,282	$4,410,755	$4,039,250	$4,164,984	$3,923,587	-15.5%