Analysis: Lincolnwood pays $8.15 for every $1 pensioners contribute to Lincolnwood Police Pension Fund

By North Cook News

Jul 28, 2020

Taxpayers contributed 89.1 percent of the $2,464,823 the Lincolnwood Police Pension Fund brought in 2018, or $8.15 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, Lincolnwood contributed $2,195,470 to the fund, which saw a $193,046 increase in revenue over 2017. Members contributed $269,354, or 10.9 percent, in 2018.

Lincolnwood Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,454,636	$1,402,000	$1,663,647	$1,981,909	$2,195,470	50.9%
Pension members	$306,261	$327,215	$368,810	$289,868	$269,354	-12.1%
Other Revenue	$0	-$-1	$0	$0	-$-1	-
Total	$1,760,897	$1,729,214	$2,032,457	$2,271,777	$2,464,823	40%