Analysis: Huntley pays $2.54 for every $1 pensioners contribute to Huntley Police Pension Fund

By McHenry Times

Jul 12, 2020

Taxpayers contributed 70.1 percent of the $1,157,951 the Huntley Police Pension Fund brought in 2018, or $2.54 for every $1 from pension members, according to a McHenry Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Huntley contributed $811,523 to the fund, which saw a $238,466 increase in revenue over 2017. Members contributed $318,896, or 27.5 percent, in 2018. Another $27,532 came from other unspecified sources.

Huntley Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$462,721	$481,703	$594,422	$613,686	$811,523	75.4%
Pension members	$276,050	$283,889	$397,187	$305,799	$318,896	15.5%
Other Revenue	$0	$0	$0	$0	$27,532	-
Total	$738,771	$765,592	$991,609	$919,485	$1,157,951	56.7%