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Dupage Policy Journal

Monday, November 25, 2024

Analysis: Villa Park pays $3.92 for every $1 pensioners contribute to Villa Park Police Pension Fund

Budget01

Taxpayers contributed 79.6 percent of the $1,572,766 the Villa Park Police Pension Fund brought in last year, or $3.92 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, Villa Park contributed $1,252,475 to the fund, which saw a $13,808 increase in revenue over 2015. Members contributed $319,406, or 20.3 percent, in 2016. Another $885 came from other unspecified sources.

Villa Park Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$1,300,092$1,248,209$1,197,766$1,255,959$1,252,475-3.7%
Pension members$278,736$286,618$295,106$302,964$319,40614.6%
Other Revenue$0$0$1$35$885-
Total$1,578,828$1,534,827$1,492,873$1,558,958$1,572,766-0.4%

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