Analysis: Lincolnshire pays $4.13 for every $1 pensioners contribute to Lincolnshire Police Pension Fund

By Lake County Gazette

Jul 30, 2020

Taxpayers contributed 79.8 percent of the $1,065,797 the Lincolnshire Police Pension Fund brought in 2018, or $4.13 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 $850,296 to the fund, which saw a $42,622 increase in revenue over 2017. Members contributed $205,423, or 19.3 percent, in 2018. Another $10,078 came from other unspecified sources.

Lincolnshire Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$589,303	$618,665	$833,131	$803,700	$850,296	44.3%
Pension members	$232,179	$208,270	$210,892	$215,212	$205,423	-11.5%
Other Revenue	$5,974	-$4,305	-$1,643	$4,263	$10,078	68.7%
Total	$827,456	$822,630	$1,042,380	$1,023,175	$1,065,797	28.8%