Analysis: Round Lake pays $2.34 for every $1 pensioners contribute to Round Lake Police Pension Fund

By Local Labs News Service

Jun 7, 2018

Taxpayers contributed 70.1 percent of the $639,572 the Round Lake Police Pension Fund brought in last year, or $2.34 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 $448,626 to the fund, which saw a $37,515 decrease in revenue over 2015. Members contributed $190,946, or 29.9 percent, in 2016.

Round Lake Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$314,268	$395,437	$427,638	$500,165	$448,626	42.8%
Pension members	$147,348	$157,634	$164,392	$176,922	$190,946	29.6%
Other Revenue	$1,162	$578	$0	$0	$0	-100%
Total	$462,778	$553,649	$592,030	$677,087	$639,572	38.2%