Quantcast

South Cook News

Tuesday, November 5, 2024

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

Shutterstock 156181805

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
20142015201620172018Change 2014-2018
Municipality$172,082$177,417$251,619$212,406$328,27790.8%
Pension members$31,396$34,152$36,207$35,785$35,80214%
Other Revenue$0-$-1$0$51-$-1-
Total$203,478$211,568$287,826$248,242$364,07878.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS