Analysis: Rolling Meadows pays $6.57 for every $1 pensioners contribute to Rolling Meadows Police Pension Fund

By Local Labs News Service

Jun 8, 2018

Taxpayers contributed 87 percent of the $3,568,593 the Rolling Meadows Police Pension Fund brought in last year, or $6.57 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, Rolling Meadows contributed $3,104,921 to the fund, which saw a $560,951 increase in revenue over 2015. Members contributed $472,132, or 13.2 percent, in 2016.

Rolling Meadows Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$2,348,938	$2,427,061	$2,483,648	$2,547,497	$3,104,921	32.2%
Pension members	$471,785	$460,025	$507,162	$469,521	$472,132	0.1%
Other Revenue	$48,980	$34,097	$9,477	-$9,376	-$8,460	-117.3%
Total	$2,869,703	$2,921,183	$3,000,287	$3,007,642	$3,568,593	24.4%