Analysis: Lindenhurst pays $3.32 for every $1 pensioners contribute to Lindenhurst Police Pension Fund

By Lake County Gazette

Aug 1, 2020

Taxpayers contributed 76.9 percent of the $540,955 the Lindenhurst Police Pension Fund brought in 2018, or $3.32 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 $415,939 to the fund, which saw a $116,950 increase in revenue over 2017. Members contributed $125,016, or 23.1 percent, in 2018.

Lindenhurst Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$225,843	$279,776	$293,600	$297,436	$415,939	84.2%
Pension members	$127,156	$130,286	$123,535	$126,569	$125,016	-1.7%
Other Revenue	$0	$0	-$-1	$0	$0	-
Total	$352,999	$410,062	$417,134	$424,005	$540,955	53.2%