Analysis: Barrington pays $4.83 for every $1 pensioners contribute to Barrington Police Pension Fund

By Local Labs News Service

May 17, 2018

Taxpayers contributed 83.2 percent of the $1,134,375 the Barrington Police Pension Fund brought in last year, or $4.83 for every $1 from pension members, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Barrington contributed $943,809 to the fund, which saw a $119,940 increase in revenue over 2015. Members contributed $195,233, or 17.2 percent, in 2016.

Barrington Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$582,977	$651,331	$720,206	$800,000	$943,809	61.9%
Pension members	$191,913	$192,280	$195,374	$209,607	$195,233	1.7%
Other Revenue	-$3,889	-$14,070	-$4,515	$4,828	-$4,667	-20%
Total	$771,001	$829,541	$911,065	$1,014,435	$1,134,375	47.1%