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Lake County Gazette

Tuesday, April 23, 2024

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

Budget 05

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
20122013201420152016Change 2012-2016
Municipality$814,358$1,058,565$1,085,969$946,964$1,004,37023.3%
Pension members$270,602$279,958$288,425$300,833$316,31816.9%
Other Revenue$0$32,275$3,067$9,209-$339-
Total$1,084,960$1,370,798$1,377,461$1,257,006$1,320,34921.7%

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