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West Cook News

Friday, November 22, 2024

Analysis: Countryside pays $4.09 for every $1 pensioners contribute to Countryside Police Pension Fund

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Taxpayers contributed 80.4 percent of the $1,217,077 the Countryside Police Pension Fund brought in 2018, or $4.09 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, Countryside contributed $978,142 to the fund, which saw a $8,732 decrease in revenue over 2017. Members contributed $238,935, or 19.6 percent, in 2018.

Countryside Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$752,620$898,459$914,574$1,009,127$978,14230%
Pension members$468,502$206,646$187,505$216,682$238,935-49%
Other Revenue$0$1$0$0$0-
Total$1,221,122$1,105,106$1,102,079$1,225,809$1,217,077-0.3%

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