Analysis: Wayne pays $12.46 for every $1 pensioners contribute to Wayne Police Pension Fund

By DuPage Policy Journal

Aug 13, 2020

Taxpayers contributed 92.5 percent of the $225,676 the Wayne Police Pension Fund brought in 2018, or $12.46 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, Wayne contributed $208,708 to the fund, which saw a $15,830 increase in revenue over 2017. Members contributed $16,738, or 7.4 percent, in 2018. Another $230 came from other unspecified sources.

Wayne Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$282,913	$200,000	$208,708	$190,000	$208,708	-26.2%
Pension members	$28,280	$33,102	$34,196	$19,846	$16,738	-40.8%
Other Revenue	-$-1	$0	$0	$0	$230	23100%
Total	$311,192	$233,102	$242,904	$209,846	$225,676	-27.5%