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Dupage Policy Journal

Sunday, December 22, 2024

Analysis: Clarendon Hills pays $6.65 for every $1 pensioners contribute to Clarendon Hills Police Pension Fund

Budget 05

Taxpayers contributed 86.9 percent of the $615,382 the Clarendon Hills Police Pension Fund brought in last year, or $6.65 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 $534,977 to the fund, which saw a $107,165 increase in revenue over 2015. Members contributed $80,405, or 13.1 percent, in 2016.

Clarendon Hills Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$348,347$342,601$349,114$392,771$534,97753.6%
Pension members$109,251$116,326$109,706$115,446$80,405-26.4%
Other Revenue$0$0$0$0$0-
Total$457,598$458,927$458,820$508,217$615,38234.5%

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