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North Cook News

Friday, November 22, 2024

Analysis: Evanston pays $6.66 for every $1 pensioners contribute to Evanston Police Pension Fund

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Taxpayers contributed 86.9 percent of the $12,033,013 the Evanston Police Pension Fund brought in 2018, or $6.66 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, Evanston contributed $10,462,704 to the fund, which saw a $210,996 increase in revenue over 2017. Members contributed $1,570,309, or 13.1 percent, in 2018.

Evanston Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$8,644,196$8,804,264$9,450,823$10,300,549$10,462,70421%
Pension members$1,565,053$1,454,770$1,731,740$1,521,467$1,570,3090.3%
Other Revenue$0$0$1$1$0-
Total$10,209,249$10,259,034$11,182,564$11,822,017$12,033,01317.9%

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