Analysis: Lincolnshire pays $3.78 for every $1 pensioners contribute to Lincolnshire-Riverwood FPD Firefighters Pension Fund

By Lake County Gazette

Jul 31, 2020

Taxpayers contributed 78.4 percent of the $1,944,185 the Lincolnshire-Riverwood FPD Firefighters Pension Fund brought in 2018, or $3.78 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 $1,523,775 to the fund, which saw a $100,916 increase in revenue over 2017. Members contributed $402,829, or 20.7 percent, in 2018. Another $17,581 came from other unspecified sources.

Lincolnshire-Riverwood FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,395,200	$1,401,969	$1,420,456	$1,449,986	$1,523,775	9.2%
Pension members	$368,935	$359,665	$359,395	$396,182	$402,829	9.2%
Other Revenue	$9,529	-$9,689	$7,903	-$2,899	$17,581	84.5%
Total	$1,773,664	$1,751,945	$1,787,754	$1,843,269	$1,944,185	9.6%