Analysis: Hillside pays $4.07 for every $1 pensioners contribute to Hillside Firefighters Pension Fund

By West Cook News

May 25, 2018

Taxpayers contributed 80.3 percent of the $1,033,905 the Hillside Firefighters Pension Fund brought in last year, or $4.07 for every $1 from pension members, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Hillside contributed $830,329 to the fund, which saw a $53,696 decrease in revenue over 2015. Members contributed $203,576, or 19.7 percent, in 2016.

Hillside Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,006,335	$723,162	$760,321	$894,758	$830,329	-17.5%
Pension members	$176,923	$180,513	$176,491	$192,842	$203,576	15.1%
Other Revenue	$1	$2,087	-$57,324	$1	$0	-100%
Total	$1,183,259	$905,762	$879,488	$1,087,601	$1,033,905	-12.6%