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Lake County Gazette

Tuesday, November 5, 2024

Lake County pension funds: Where do taxpayers contribute least?

Budget 03

Government pension funds in Lakemoor, Lake Villa and Highwood depended least 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 smallest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Lakemoor Police Pension Fund
Lakemoor
Lake County
$78,853
$0
2
Lake Villa Fpd Firefighter's Pension Fund
Lake Villa
Lake County
$101
$101
3
Highwood Firefighters Pension Fund
Highwood
Lake County
$138,296
$120,163
4
Winthrop Harbor Police Pension Fund
Winthrop Harbor
Lake County
$185,973
$127,277
5
Beach Park Fpd Firefighters Pension Fund
Beach Park
Lake County
$225,531
$181,128
6
Round Lake Park Police Pension Fund
Round Lake Park
Lake County
$310,640
$211,320
7
Island Lake Police Pension Fund
Island Lake
Lake County
$381,246
$249,889
8
Highwood Police Pension Fund
Highwood
Lake County
$369,868
$267,185
9
Hawthorn Woods Police Pension Fund
Lake Zurich
Lake County
$392,727
$280,223
10
Lindenhurst Police Pension Fund
Lindenhurst
Lake County
$417,134
$293,600

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