Analysis: Vernon Hills pays $3.17 for every $1 pensioners contribute to Countryside Fpd Firefighters Pension Fund

By Local Labs News Service

May 16, 2018

Taxpayers contributed 76.1 percent of the $1,320,349 the Countryside Fpd Firefighters Pension Fund brought in last year, or $3.17 for every $1 from pension members, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Vernon Hills contributed $1,004,370 to the fund, which saw a $63,343 increase in revenue over 2015. Members contributed $316,318, or 24 percent, in 2016.

Countryside Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$814,358	$1,058,565	$1,085,969	$946,964	$1,004,370	23.3%
Pension members	$270,602	$279,958	$288,425	$300,833	$316,318	16.9%
Other Revenue	$0	$32,275	$3,067	$9,209	-$339	-
Total	$1,084,960	$1,370,798	$1,377,461	$1,257,006	$1,320,349	21.7%