Analysis: Oak Brook pays $3.98 for every $1 pensioners contribute to Oak Brook Police Pension Fund

By Local Labs News Service

May 30, 2018

Taxpayers contributed 80.4 percent of the $1,901,111 the Oak Brook Police Pension Fund brought in last year, or $3.98 for every $1 from pension members, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Oak Brook contributed $1,527,927 to the fund, which saw a $211,507 increase in revenue over 2015. Members contributed $383,238, or 20.2 percent, in 2016.

Oak Brook Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$977,367	$1,171,537	$1,259,824	$1,336,683	$1,527,927	56.3%
Pension members	$483,678	$351,137	$356,304	$358,499	$383,238	-20.8%
Other Revenue	-$25,485	-$17,385	$26,671	-$5,578	-$10,054	60.5%
Total	$1,435,560	$1,505,289	$1,642,799	$1,689,604	$1,901,111	32.4%