Analysis: Downers Grove pays $4.76 for every $1 pensioners contribute to Downers Grove Police Pension Fund
Taxpayers contributed 83.3 percent of the $3,794,075 the Downers Grove Police Pension Fund brought in 2018, or $4.76 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, Downers Grove contributed $3,159,441 to the fund, which saw a $140,569 increase in revenue over 2017. Members contributed $663,568, or 17.5 percent, in 2018.
Downers Grove Police Pension Fund revenue over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Municipality | $2,328,358 | $2,274,955 | $2,689,713 | $2,938,808 | $3,159,441 | 35.7% |
| Pension members | $723,877 | $669,478 | $772,223 | $703,712 | $663,568 | -8.3% |
| Other Revenue | $17,001 | $15,914 | $6,893 | $10,986 | -$28,934 | -270.2% |
| Total | $3,069,236 | $2,960,347 | $3,468,829 | $3,653,506 | $3,794,075 | 23.6% |