Analysis: Crystal Lake pays $3.66 for every $1 pensioners contribute to Crystal Lake Police Pension Fund

By McHenry Times

Jul 7, 2020

Taxpayers contributed 78.6 percent of the $2,660,433 the Crystal Lake Police Pension Fund brought in 2018, or $3.66 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, Crystal Lake contributed $2,089,940 to the fund, which saw a $119,096 increase in revenue over 2017. Members contributed $570,493, or 21.4 percent, in 2018.

Crystal Lake Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,844,723	$1,778,970	$2,059,342	$1,989,776	$2,089,940	13.3%
Pension members	$553,800	$568,526	$579,535	$551,461	$570,493	3%
Other Revenue	$1	-$-1	$24	$100	$0	-100%
Total	$2,398,524	$2,347,495	$2,638,901	$2,541,337	$2,660,433	10.9%