Analysis: Carol Stream pays $2.86 for every $1 pensioners contribute to Carol Stream Police Pension Fund

By Local Labs News Service

May 19, 2018

Taxpayers contributed 73.4 percent of the $2,322,667 the Carol Stream Police Pension Fund brought in last year, or $2.86 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 $1,705,946 to the fund, which saw a $4,775 increase in revenue over 2015. Members contributed $596,224, or 25.7 percent, in 2016. Another $20,497 came from other unspecified sources.

Carol Stream Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,434,572	$1,474,398	$1,551,754	$1,651,830	$1,705,946	18.9%
Pension members	$639,816	$628,281	$526,409	$659,695	$596,224	-6.8%
Other Revenue	$0	$6,367	-$6,380	$6,367	$20,497	-
Total	$2,074,388	$2,109,046	$2,071,783	$2,317,892	$2,322,667	12%