Analysis: Schiller Park pays $5.13 for every $1 pensioners contribute to Schiller Park Firefighters Pension Fund

By West Cook News

Jun 7, 2018

Taxpayers contributed 83.4 percent of the $1,308,036 the Schiller Park Firefighters Pension Fund brought in last year, or $5.13 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, Schiller Park contributed $1,091,332 to the fund, which saw a $320,433 increase in revenue over 2015. Members contributed $212,580, or 16.3 percent, in 2016. Another $4,124 came from other unspecified sources.

Schiller Park Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$854,508	$642,283	$808,861	$834,884	$1,091,332	27.7%
Pension members	$166,115	$174,398	$174,543	$198,423	$212,580	28%
Other Revenue	$169	$1,281	$0	-$45,704	$4,124	2340.2%
Total	$1,020,792	$817,962	$983,404	$987,603	$1,308,036	28.1%