Analysis: Wood Dale pays $3.89 for every $1 pensioners contribute to Wood Dale Police Pension Fund

By DuPage Policy Journal

Aug 24, 2020

Taxpayers contributed 79.1 percent of the $1,493,522 the Wood Dale Police Pension Fund brought in 2018, or $3.89 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, Wood Dale contributed $1,181,162 to the fund, which saw a $90,793 increase in revenue over 2017. Members contributed $303,265, or 20.3 percent, in 2018. Another $9,095 came from other unspecified sources.

Wood Dale Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$935,385	$884,678	$1,023,960	$1,081,300	$1,181,162	26.3%
Pension members	$288,521	$298,262	$332,138	$320,719	$303,265	5.1%
Other Revenue	$12,252	$286	$3,391	$710	$9,095	-25.8%
Total	$1,236,158	$1,183,226	$1,359,489	$1,402,729	$1,493,522	20.8%