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Dupage Policy Journal

Monday, November 25, 2024

Analysis: Villa Park pays $8.33 for every $1 pensioners contribute to Villa Park Police Pension Fund

Budget 03

Taxpayers contributed 89.3 percent of the $2,079,854 the Villa Park Police Pension Fund brought in 2018, or $8.33 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, Villa Park contributed $1,857,093 to the fund, which saw a $230,856 increase in revenue over 2017. Members contributed $222,761, or 10.7 percent, in 2018.

Villa Park Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,197,766$1,255,959$1,252,475$1,547,389$1,857,09355%
Pension members$295,106$302,964$319,406$301,559$222,761-24.5%
Other Revenue$1$35$885$50$0-100%
Total$1,492,873$1,558,958$1,572,766$1,848,998$2,079,85439.3%

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