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Dupage Policy Journal

Friday, April 26, 2024

Analysis: Hinsdale pays $3.50 for every $1 pensioners contribute to Hinsdale Police Pension Fund

Budget 13

Taxpayers contributed 77 percent of the $1,056,735 the Hinsdale Police Pension Fund brought in last year, or $3.50 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, Hinsdale contributed $813,385 to the fund, which saw a $46,282 increase in revenue over 2015. Members contributed $232,071, or 22 percent, in 2016. Another $11,279 came from other unspecified sources.

Hinsdale Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$748,486$751,069$818,397$769,238$813,3858.7%
Pension members$235,782$230,687$230,112$230,739$232,071-1.6%
Other Revenue$21,756$1,986$99$10,476$11,279-48.2%
Total$1,006,024$983,742$1,048,608$1,010,453$1,056,7355%

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