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Dupage Policy Journal

Sunday, December 22, 2024

Analysis: Burr Ridge pays $2.52 for every $1 pensioners contribute to Burr Ridge Police Pension Fund

Budget 05

Taxpayers contributed 71.5 percent of the $829,841 the Burr Ridge Police Pension Fund brought in last year, or $2.52 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, Burr Ridge contributed $593,000 to the fund, which saw a $58,238 increase in revenue over 2015. Members contributed $235,261, or 28.4 percent, in 2016. Another $1,580 came from other unspecified sources.

Burr Ridge Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$553,333$484,639$555,623$543,678$593,0007.2%
Pension members$210,297$213,111$209,560$219,573$235,26111.9%
Other Revenue$0$0$6,453$8,352$1,580-
Total$763,630$697,750$771,636$771,603$829,8418.7%

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