Analysis: Lombard pays $5.43 for every $1 pensioners contribute to Lombard Police Pension Fund

By DuPage Policy Journal

Jul 30, 2020

Taxpayers contributed 84.2 percent of the $4,288,408 the Lombard Police Pension Fund brought in 2018, or $5.43 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, Lombard contributed $3,611,517 to the fund, which saw a $483,076 increase in revenue over 2017. Members contributed $663,899, or 15.5 percent, in 2018. Another $12,992 came from other unspecified sources.

Lombard Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,614,180	$2,537,579	$2,936,167	$3,080,822	$3,611,517	38.2%
Pension members	$624,378	$653,110	$695,085	$699,450	$663,899	6.3%
Other Revenue	$36,694	$15,195	$1,126	$25,060	$12,992	-64.6%
Total	$3,275,252	$3,205,884	$3,632,378	$3,805,332	$4,288,408	30.9%