Analysis: Round Lake Park pays $2.17 for every $1 pensioners contribute to Round Lake Park Police Pension Fund

By Local Labs News Service

Jun 6, 2018

Taxpayers contributed 68 percent of the $310,640 the Round Lake Park Police Pension Fund brought in last year, or $2.17 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 Park contributed $211,320 to the fund, which saw a $5,997 increase in revenue over 2015. Members contributed $97,377, or 31.3 percent, in 2016. Another $1,943 came from other unspecified sources.

Round Lake Park Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$183,883	$197,364	$204,474	$212,747	$211,320	14.9%
Pension members	$74,566	$305,668	$72,322	$89,609	$97,377	30.6%
Other Revenue	$1	$1,333	-$121	$2,287	$1,943	194200%
Total	$258,450	$504,365	$276,675	$304,643	$310,640	20.2%