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Dupage Policy Journal

Friday, November 22, 2024

Analysis: Roselle pays $4.06 for every $1 pensioners contribute to Roselle Police Pension Fund

Budget 02

Taxpayers contributed 80.1 percent of the $1,336,147 the Roselle Police Pension Fund brought in last year, or $4.06 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, Roselle contributed $1,070,333 to the fund, which saw a $42,539 increase in revenue over 2015. Members contributed $263,626, or 19.7 percent, in 2016. Another $2,188 came from other unspecified sources.

Roselle Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$828,783$818,121$1,008,712$1,016,327$1,070,33329.1%
Pension members$274,100$261,804$353,950$268,741$263,626-3.8%
Other Revenue-$6,579-$2,421$11,852$8,540$2,188133.3%
Total$1,096,304$1,077,504$1,374,514$1,293,608$1,336,14721.9%

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