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Dupage Policy Journal

Friday, November 22, 2024

Analysis: Warrenville pays $3.80 for every $1 pensioners contribute to Warrenville Police Pension Fund

Budget 13

Taxpayers contributed 79.1 percent of the $1,271,071 the Warrenville Police Pension Fund brought in last year, or $3.80 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, Warrenville contributed $1,004,900 to the fund, which saw a $31,343 increase in revenue over 2015. Members contributed $264,105, or 20.8 percent, in 2016. Another $2,066 came from other unspecified sources.

Warrenville Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$877,705$812,420$818,005$966,691$1,004,90014.5%
Pension members$248,665$248,131$343,132$273,038$264,1056.2%
Other Revenue$0$0$0-$-1$2,066-
Total$1,126,370$1,060,551$1,161,137$1,239,728$1,271,07112.8%

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