Analysis: Woodridge pays $4.46 for every $1 pensioners contribute to Woodridge Police Pension Fund

By Local Labs News Service

Jun 13, 2018

Taxpayers contributed 81.7 percent of the $2,465,003 the Woodridge Police Pension Fund brought in last year, or $4.46 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, Woodridge contributed $2,014,246 to the fund, which saw a $200,147 increase in revenue over 2015. Members contributed $450,757, or 18.3 percent, in 2016.

Woodridge Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,335,449	$1,306,505	$1,945,484	$1,815,800	$2,014,246	50.8%
Pension members	$516,083	$459,397	$291,125	$449,056	$450,757	-12.7%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$1,851,532	$1,765,902	$2,236,609	$2,264,856	$2,465,003	33.1%