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Dupage Policy Journal

Sunday, May 19, 2024

Analysis: Carol Stream pays $3.36 for every $1 pensioners contribute to Carol Stream Police Pension Fund

Budget 13

Taxpayers contributed 76.7 percent of the $2,700,828 the Carol Stream Police Pension Fund brought in 2018, or $3.36 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, Carol Stream contributed $2,072,751 to the fund, which saw a $290,180 increase in revenue over 2017. Members contributed $616,852, or 22.8 percent, in 2018. Another $11,225 came from other unspecified sources.

Carol Stream Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,551,754$1,651,830$1,705,946$1,833,135$2,072,75133.6%
Pension members$526,409$659,695$596,224$584,096$616,85217.2%
Other Revenue-$6,380$6,367$20,497-$6,583$11,225275.9%
Total$2,071,783$2,317,892$2,322,667$2,410,648$2,700,82830.4%

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