Analysis: Winnetka pays $4.53 for every $1 pensioners contribute to Winnetka Police Pension Fund

By Local Labs News Service

Jun 14, 2018

Taxpayers contributed 81.9 percent of the $1,595,571 the Winnetka Police Pension Fund brought in last year, or $4.53 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, Winnetka contributed $1,307,493 to the fund, which saw a $183,834 increase in revenue over 2015. Members contributed $288,079, or 18.1 percent, in 2016.

Winnetka Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$964,387	$740,448	$1,095,000	$1,159,177	$1,307,493	35.6%
Pension members	$235,543	$214,145	$249,185	$252,560	$288,079	22.3%
Other Revenue	$0	$0	$0	$0	-$-1	-
Total	$1,199,930	$954,593	$1,344,185	$1,411,737	$1,595,571	33%