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Dupage Policy Journal

Monday, December 23, 2024

Analysis: Oakbrook Terrace pays $6.07 for every $1 pensioners contribute to Oakbrook Terrace Police Pension Fund

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Taxpayers contributed 85.9 percent of the $1,210,940 the Oakbrook Terrace Police Pension Fund brought in 2018, or $6.07 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, Oakbrook Terrace contributed $1,039,772 to the fund, which saw a $46,807 increase in revenue over 2017. Members contributed $171,168, or 14.1 percent, in 2018.

Oakbrook Terrace Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$589,879$755,538$912,363$994,889$1,039,77276.3%
Pension members$158,603$435,392$227,719$169,244$171,1687.9%
Other Revenue$0$0$0$0$0-
Total$748,482$1,190,930$1,140,082$1,164,133$1,210,94061.8%

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