Analysis: La Grange Park pays $4.28 for every $1 pensioners contribute to Lagrange Park Police Pension Fund

By West Cook News

May 27, 2018

Taxpayers contributed 81.2 percent of the $990,308 the Lagrange Park Police Pension Fund brought in last year, or $4.28 for every $1 from pension members, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, La Grange Park contributed $803,853 to the fund, which saw a $53,739 increase in revenue over 2015. Members contributed $187,661, or 18.9 percent, in 2016.

Lagrange Park Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$816,586	$670,360	$760,568	$764,804	$803,853	-1.6%
Pension members	$158,858	$168,745	$173,819	$174,138	$187,661	18.1%
Other Revenue	$99,282	-$136,148	$49,110	-$2,373	-$1,206	-101.2%
Total	$1,074,726	$702,957	$983,497	$936,569	$990,308	-7.9%