Analysis: Northbrook pays $2.11 for every $1 pensioners contribute to Northbrook Police Pension Fund

By Local Labs News Service

Jun 2, 2018

Taxpayers contributed 67.9 percent of the $2,343,638 the Northbrook Police Pension Fund brought in last year, or $2.11 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, Northbrook contributed $1,591,260 to the fund, which saw a $295,508 increase in revenue over 2015. Members contributed $752,378, or 32.1 percent, in 2016.

Northbrook Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,103,535	$1,256,351	$1,377,428	$1,349,585	$1,591,260	44.2%
Pension members	$581,456	$672,614	$638,756	$698,545	$752,378	29.4%
Other Revenue	$35,200	$13,325	$2,266	$0	$0	-100%
Total	$1,720,191	$1,942,290	$2,018,450	$2,048,130	$2,343,638	36.2%