Quantcast

Dupage Policy Journal

Friday, May 3, 2024

Analysis: Hinsdale pays $3.87 for every $1 pensioners contribute to Hinsdale Police Pension Fund

Adobestock 219497335

Taxpayers contributed 80.9 percent of the $998,389 the Hinsdale Police Pension Fund brought in 2018, or $3.87 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, Hinsdale contributed $807,440 to the fund, which saw a $21,488 increase in revenue over 2017. Members contributed $208,340, or 20.9 percent, in 2018.

Hinsdale Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$818,397$769,238$813,385$740,791$807,440-1.3%
Pension members$230,112$230,739$232,071$241,517$208,340-9.5%
Other Revenue$99$10,476$11,279-$5,407-$17,391-17666.7%
Total$1,048,608$1,010,453$1,056,735$976,901$998,389-4.8%

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