Analysis: South Barrington pays $9.23 for every $1 pensioners contribute to South Barrington Police Pension Fund

By North Cook News

Aug 24, 2020

Taxpayers contributed 90.2 percent of the $1,464,529 the South Barrington Police Pension Fund brought in 2018, or $9.23 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, South Barrington contributed $1,321,405 to the fund, which saw a $593,779 increase in revenue over 2017. Members contributed $143,124, or 9.8 percent, in 2018.

South Barrington Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$495,542	$596,898	$937,886	$711,416	$1,321,405	166.7%
Pension members	$145,364	$143,063	$131,323	$159,308	$143,124	-1.5%
Other Revenue	$0	$0	$0	$26	$0	-
Total	$640,906	$739,961	$1,069,209	$870,750	$1,464,529	128.5%