Analysis: Clarendon Hills pays $3.94 for every $1 pensioners contribute to Clarendon Hills Police Pension Fund
Taxpayers contributed 78.9 percent of the $598,048 the Clarendon Hills Police Pension Fund brought in 2018, or $3.94 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, Clarendon Hills contributed $471,591 to the fund, which saw a $22,947 increase in revenue over 2017. Members contributed $119,587, or 20 percent, in 2018. Another $6,870 came from other unspecified sources.
Clarendon Hills Police Pension Fund revenue over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Municipality | $349,114 | $392,771 | $534,977 | $462,461 | $471,591 | 35.1% |
| Pension members | $109,706 | $115,446 | $80,405 | $112,640 | $119,587 | 9% |
| Other Revenue | $0 | $0 | $0 | $0 | $6,870 | - |
| Total | $458,820 | $508,217 | $615,382 | $575,101 | $598,048 | 30.3% |