Analysis: Lindenhurst pays $2.37 for every $1 pensioners contribute to Lindenhurst Police Pension Fund

By Local Labs News Service

May 30, 2018

Taxpayers contributed 70.4 percent of the $417,134 the Lindenhurst Police Pension Fund brought in last year, or $2.37 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, Lindenhurst contributed $293,600 to the fund, which saw a $7,072 increase in revenue over 2015. Members contributed $123,535, or 29.6 percent, in 2016.

Lindenhurst Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$177,388	$242,897	$225,843	$279,776	$293,600	65.5%
Pension members	$117,440	$123,037	$127,156	$130,286	$123,535	5.2%
Other Revenue	$0	$1	$0	$0	-$-1	-
Total	$294,828	$365,935	$352,999	$410,062	$417,134	41.5%