Analysis: Bloomingdale pays $3.10 for every $1 pensioners contribute to Bloomingdale Police Pension Fund

By Local Labs News Service

May 17, 2018

Taxpayers contributed 75.6 percent of the $1,740,145 the Bloomingdale Police Pension Fund brought in last year, or $3.10 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, Bloomingdale contributed $1,315,957 to the fund, which saw a $46,294 increase in revenue over 2015. Members contributed $424,188, or 24.4 percent, in 2016.

Bloomingdale Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$912,058	$1,013,213	$1,026,982	$1,280,101	$1,315,957	44.3%
Pension members	$372,272	$425,666	$421,105	$413,750	$424,188	13.9%
Other Revenue	$100	$50	$0	$0	$0	-100%
Total	$1,284,430	$1,438,929	$1,448,087	$1,693,851	$1,740,145	35.5%