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Lake County Gazette

Friday, November 22, 2024

Analysis: Lincolnshire pays $3.95 for every $1 pensioners contribute to Lincolnshire Police Pension Fund

Budget 02

Taxpayers contributed 79.9 percent of the $1,042,380 the Lincolnshire Police Pension Fund brought in last year, or $3.95 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, Lincolnshire contributed $833,131 to the fund, which saw a $219,750 increase in revenue over 2015. Members contributed $210,892, or 20.2 percent, in 2016.

Lincolnshire Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$961,521$1,059,747$589,303$618,665$833,131-13.4%
Pension members$190,630$205,431$232,179$208,270$210,89210.6%
Other Revenue$8,033-$15,551$5,974-$4,305-$1,643-120.5%
Total$1,160,184$1,249,627$827,456$822,630$1,042,380-10.2%

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