Analysis: Deerfield pays $2.63 for every $1 pensioners contribute to Deerfield Police Pension Fund

By Lake County Gazette

Jul 5, 2020

Taxpayers contributed 72.5 percent of the $1,518,281 the Deerfield Police Pension Fund brought in 2018, or $2.63 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, Deerfield contributed $1,100,000 to the fund, which saw a $28,119 increase in revenue over 2017. Members contributed $418,230, or 27.5 percent, in 2018. Another $51 came from other unspecified sources.

Deerfield Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$989,616	$871,305	$934,918	$1,100,000	$1,100,000	11.2%
Pension members	$374,137	$517,457	$425,791	$390,162	$418,230	11.8%
Other Revenue	$51	$109	$0	$0	$51	0%
Total	$1,363,804	$1,388,871	$1,360,709	$1,490,162	$1,518,281	11.3%