Analysis: Flossmoor pays $9.16 for every $1 pensioners contribute to Flossmoor Firefighters Pension Fund

By South Cook News

Jul 25, 2020

Taxpayers contributed 90.2 percent of the $364,078 the Flossmoor Firefighters Pension Fund brought in 2018, or $9.16 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 $328,277 to the fund, which saw a $115,836 increase in revenue over 2017. Members contributed $35,802, or 9.8 percent, in 2018.

Flossmoor Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$172,082	$177,417	$251,619	$212,406	$328,277	90.8%
Pension members	$31,396	$34,152	$36,207	$35,785	$35,802	14%
Other Revenue	$0	-$-1	$0	$51	-$-1	-
Total	$203,478	$211,568	$287,826	$248,242	$364,078	78.9%