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Dupage Policy Journal

Tuesday, November 26, 2024

Analysis: Winfield pays $6.28 for every $1 pensioners contribute to Winfield Police Pension Fund

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Taxpayers contributed 86.3 percent of the $872,262 the Winfield Police Pension Fund brought in last year, or $6.28 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, Winfield contributed $752,452 to the fund, which saw a $140,617 increase in revenue over 2015. Members contributed $119,810, or 13.7 percent, in 2016.

Winfield Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$468,497$487,725$593,065$601,426$752,45260.6%
Pension members$131,476$235,171$135,785$130,218$119,810-8.9%
Other Revenue$0$1$0$1$0-
Total$599,973$722,897$728,850$731,645$872,26245.4%

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