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West Cook News

Sunday, April 20, 2025

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

Budget 03

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
20122013201420152016Change 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$187,66118.1%
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%

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