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Dupage Policy Journal

Monday, December 23, 2024

Analysis: Elmhurst pays $4.87 for every $1 pensioners contribute to Elmhurst Police Pension Fund

Budget 04

Taxpayers contributed 83 percent of the $3,594,736 the Elmhurst Police Pension Fund brought in last year, or $4.87 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, Elmhurst contributed $2,982,703 to the fund, which saw a $569,528 increase in revenue over 2015. Members contributed $612,032, or 17 percent, in 2016. Another $1 came from other unspecified sources.

Elmhurst Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$1,908,071$1,901,609$2,397,737$2,421,178$2,982,70356.3%
Pension members$525,382$394,722$571,490$604,030$612,03216.5%
Other Revenue$0-$-1-$-1$0$1-
Total$2,433,453$2,296,330$2,969,226$3,025,208$3,594,73647.7%

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