Quantcast

Dupage Policy Journal

Sunday, November 24, 2024

Analysis: Westmont pays $5.59 for every $1 pensioners contribute to Westmont Police Pension Fund

Adobestock 285872888

Taxpayers contributed 84.6 percent of the $2,631,114 the Westmont Police Pension Fund brought in 2018, or $5.59 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, Westmont contributed $2,225,146 to the fund, which saw a $198,705 increase in revenue over 2017. Members contributed $397,921, or 15.1 percent, in 2018. Another $8,047 came from other unspecified sources.

Westmont Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,784,095$1,895,159$2,012,246$2,053,074$2,225,14624.7%
Pension members$427,392$374,598$417,895$384,389$397,921-6.9%
Other Revenue$12,188-$6,018$3,840-$5,054$8,047-34%
Total$2,223,675$2,263,739$2,433,981$2,432,409$2,631,11418.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS