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Lake County Gazette

Tuesday, November 5, 2024

Lake County pension funds: Where do taxpayers contribute most?

Budget 02

Government pension funds in Waukegan, Highland Park and Libertyville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

Lake County pension funds with biggest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Waukegan Police Pension Fund
Waukegan
Lake County
$7,766,372
$6,286,274
2
Waukegan Firefighters Pension Fund
Waukegan
Lake County
$5,413,950
$4,401,280
3
Highland Park Police Pension Fund
Highland Park
Lake County
$4,154,312
$3,611,980
4
Highland Park Firefighters Pension Fund
Highland Park
Lake County
$3,892,567
$3,412,844
5
Libertyville Police Pension Fund
Libertyville
Lake County
$2,680,332
$2,306,006
6
Lake Zurich Firefighters Pension Fund
Lake Zurich
Lake County
$2,237,770
$1,911,342
7
Lake Forest Police Pension Fund
Lake Forest
Lake County
$2,179,367
$1,806,270
8
Libertyville Firefighters Pension Fund
Libertyville
Lake County
$2,019,742
$1,647,860
9
Gurnee Police Pension Fund
Gurnee
Lake County
$2,192,599
$1,590,485
10
Lake Zurich Police Pension Fund
Lake Zurich
Lake County
$1,781,554
$1,564,453

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