Analysis: Flossmoor pays $4.59 for every $1 pensioners contribute to Flossmoor Police Pension Fund

By South Cook News

Jul 26, 2020

Taxpayers contributed 81.9 percent of the $1,061,822 the Flossmoor Police Pension Fund brought in 2018, or $4.59 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, Flossmoor contributed $869,172 to the fund, which saw a $185,624 increase in revenue over 2017. Members contributed $189,051, or 17.8 percent, in 2018. Another $3,599 came from other unspecified sources.

Flossmoor Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$487,746	$559,108	$571,732	$692,616	$869,172	78.2%
Pension members	$153,809	$161,883	$267,982	$179,651	$189,051	22.9%
Other Revenue	$6,287	$3,269	-$2,109	$3,931	$3,599	-42.8%
Total	$647,842	$724,260	$837,605	$876,198	$1,061,822	63.9%