Analysis: Matteson pays $4.31 for every $1 pensioners contribute to Matteson Firefighters Pension Fund

By South Cook News

Aug 14, 2020

Taxpayers contributed 80.9 percent of the $1,665,014 the Matteson Firefighters Pension Fund brought in 2018, or $4.31 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, Matteson contributed $1,347,285 to the fund, which saw a $342,673 increase in revenue over 2017. Members contributed $312,205, or 18.8 percent, in 2018. Another $5,524 came from other unspecified sources.

Matteson Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$779,435	$937,006	$1,085,233	$1,057,137	$1,347,285	72.9%
Pension members	$278,220	$271,973	$258,756	$268,903	$312,205	12.2%
Other Revenue	-$15,749	-$5,441	$1,635	-$3,699	$5,524	135.1%
Total	$1,041,906	$1,203,538	$1,345,624	$1,322,341	$1,665,014	59.8%