Analysis: Grayslake pays $2.66 for every $1 pensioners contribute to Grayslake Fpd Firefighters Pension Fund

By Local Labs News Service

May 18, 2018

Taxpayers contributed 72.9 percent of the $994,748 the Grayslake Fpd Firefighters Pension Fund brought in last year, or $2.66 for every $1 from pension members, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Grayslake contributed $725,109 to the fund, which saw a $103,101 increase in revenue over 2015. Members contributed $272,027, or 27.3 percent, in 2016.

Grayslake Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$853,513	$526,283	$623,875	$633,075	$725,109	-15%
Pension members	$242,863	$254,842	$286,695	$262,154	$272,027	12%
Other Revenue	$120	-$437	$22,008	-$3,582	-$2,388	-2090%
Total	$1,096,496	$780,688	$932,578	$891,647	$994,748	-9.3%