Quantcast

South Cook News

Friday, November 22, 2024

Analysis: Country Club Hills pays $2.37 for every $1 pensioners contribute to Country Club Hills Firefighters Pension Fund

Adobestock 229488839

Taxpayers contributed 69.9 percent of the $611,415 the Country Club Hills Firefighters Pension Fund brought in 2018, or $2.37 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, Country Club Hills contributed $427,211 to the fund, which saw a $213,039 increase in revenue over 2017. Members contributed $179,510, or 29.4 percent, in 2018. Another $4,694 came from other unspecified sources.

Country Club Hills Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$340,480$348,499$536,703$237,682$427,21125.5%
Pension members$120,711$125,404$147,406$160,119$179,51048.7%
Other Revenue-$2,669$3,656$11,502$575$4,694275.9%
Total$458,522$477,559$695,611$398,376$611,41533.3%

MORE NEWS