Analysis: Glendale Heights pays $4.49 for every $1 pensioners contribute to Glendale Heights Police Pension Fund

By DuPage Policy Journal

Jul 21, 2020

Taxpayers contributed 81.8 percent of the $2,629,476 the Glendale Heights Police Pension Fund brought in 2018, or $4.49 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, Glendale Heights contributed $2,150,465 to the fund, which saw a $420,709 increase in revenue over 2017. Members contributed $478,926, or 18.2 percent, in 2018. Another $85 came from other unspecified sources.

Glendale Heights Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,653,898	$1,654,144	$1,643,176	$1,752,532	$2,150,465	30%
Pension members	$446,073	$409,150	$491,338	$456,235	$478,926	7.4%
Other Revenue	$0	-$-1	$0	$0	$85	-
Total	$2,099,971	$2,063,293	$2,134,514	$2,208,767	$2,629,476	25.2%