Analysis: Oakbrook Terrace pays $4 for every $1 pensioners contribute to Oakbrook Terrace Police Pension Fund

By Local Labs News Service

May 31, 2018

Taxpayers contributed 80 percent of the $1,140,082 the Oakbrook Terrace Police Pension Fund brought in last year, or $4 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, Oakbrook Terrace contributed $912,363 to the fund, which saw a $50,848 decrease in revenue over 2015. Members contributed $227,719, or 20 percent, in 2016.

Oakbrook Terrace Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$514,281	$513,082	$589,879	$755,538	$912,363	77.4%
Pension members	$146,188	$204,562	$158,603	$435,392	$227,719	55.8%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$660,469	$717,644	$748,482	$1,190,930	$1,140,082	72.6%