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Dupage Policy Journal

Saturday, May 18, 2024

Analysis: Warrenville pays $3.96 for every $1 pensioners contribute to Warrenville Police Pension Fund

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Taxpayers contributed 79.5 percent of the $1,424,156 the Warrenville Police Pension Fund brought in 2018, or $3.96 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, Warrenville contributed $1,132,335 to the fund, which saw a $40,885 decrease in revenue over 2017. Members contributed $285,759, or 20.1 percent, in 2018. Another $6,062 came from other unspecified sources.

Warrenville Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$818,005$966,691$1,004,900$1,173,896$1,132,33538.4%
Pension members$343,132$273,038$264,105$273,581$285,759-16.7%
Other Revenue$0-$-1$2,066$17,564$6,062-
Total$1,161,137$1,239,728$1,271,071$1,465,041$1,424,15622.7%

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