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McHenry Times

Tuesday, November 5, 2024

McHenry County pension funds: Where do taxpayers contribute most?

Budget 05

Government pension funds in Crystal Lake, Fox River Grove and McHenry depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

McHenry County pension funds with biggest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Crystal Lake Police Pension Fund
Crystal Lake
McHenry County
$2,638,901
$2,059,342
2
Crystal Lake Firefighters Pension Fund
Crystal Lake
McHenry County
$2,499,911
$1,928,928
3
Fox River Grove Police Pension Fund
Fox River Grove
McHenry County
$1,517,209
$1,458,831
4
Mchenry Police Pension Fund
McHenry
McHenry County
$1,899,316
$1,386,205
5
Lake In The Hills Police Pension Fund
Lake in the Hills
McHenry County
$1,671,015
$1,248,941
6
Algonquin Police Pension Fund
Algonquin
McHenry County
$1,697,880
$1,240,000
7
Algonquin Lake In The Hills Fpd Pension Fund
Lake in the Hills
McHenry County
$1,500,029
$1,138,707
8
Huntley Fpd Firefighters Pension Fund
Huntley
McHenry County
$1,464,324
$955,414
9
Woodstock Police Pension Fund
Woodstock
McHenry County
$1,249,082
$946,589
10
Cary Police Pension Fund
Cary
McHenry County
$1,012,644
$785,340

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