Analysis: Hazel Crest pays $4.63 for every $1 pensioners contribute to Country Club Hills Police Pension Fund

By South Cook News

Jul 18, 2020

Taxpayers contributed 82.1 percent of the $1,888,679 the Country Club Hills Police Pension Fund brought in 2018, or $4.63 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, Hazel Crest contributed $1,550,303 to the fund, which saw a $96,889 increase in revenue over 2017. Members contributed $334,263, or 17.7 percent, in 2018. Another $4,113 came from other unspecified sources.

Country Club Hills Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,121,471	$1,150,774	$1,076,041	$1,330,389	$1,550,303	38.2%
Pension members	$315,601	$263,140	$534,829	$459,041	$334,263	5.9%
Other Revenue	-$9,571	$7,975	-$6,482	$2,360	$4,113	143%
Total	$1,427,501	$1,421,889	$1,604,388	$1,791,790	$1,888,679	32.3%