Quantcast

Dupage Policy Journal

Friday, November 22, 2024

Analysis: Oak Brook pays $4.74 for every $1 pensioners contribute to Oak Brook Police Pension Fund

Budget01

Taxpayers contributed 82.6 percent of the $2,355,414 the Oak Brook Police Pension Fund brought in 2018, or $4.74 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, Oak Brook contributed $1,946,714 to the fund, which saw a $209,395 increase in revenue over 2017. Members contributed $410,316, or 17.4 percent, in 2018.

Oak Brook Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,259,824$1,336,683$1,527,927$1,748,025$1,946,71454.5%
Pension members$356,304$358,499$383,238$386,727$410,31615.2%
Other Revenue$26,671-$5,578-$10,054$11,267-$1,616-106.1%
Total$1,642,799$1,689,604$1,901,111$2,146,019$2,355,41443.4%

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