Analysis: Round Lake pays $2.65 for every $1 pensioners contribute to Greater Round Lake Fpd Firefighters Pension Fund

By Local Labs News Service

May 19, 2018

Taxpayers contributed 72.6 percent of the $1,133,306 the Greater Round Lake Fpd Firefighters Pension Fund brought in last year, or $2.65 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, Round Lake contributed $823,234 to the fund, which saw a $100,616 increase in revenue over 2015. Members contributed $310,072, or 27.4 percent, in 2016.

Greater Round Lake Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$831,627	$904,394	$867,364	$747,847	$823,234	-1%
Pension members	$281,518	$280,677	$280,346	$284,843	$310,072	10.1%
Other Revenue	$961	$17	$10,663	$0	$0	-100%
Total	$1,114,106	$1,185,088	$1,158,373	$1,032,690	$1,133,306	1.7%