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Dupage Policy Journal

Monday, December 23, 2024

Analysis: Elmhurst pays $5.31 for every $1 pensioners contribute to Elmhurst Police Pension Fund

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Taxpayers contributed 84.2 percent of the $4,261,735 the Elmhurst Police Pension Fund brought in 2018, or $5.31 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, Elmhurst contributed $3,586,824 to the fund, which saw a $254,764 increase in revenue over 2017. Members contributed $674,763, or 15.8 percent, in 2018. Another $148 came from other unspecified sources.

Elmhurst Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$2,397,737$2,421,178$2,982,703$3,397,808$3,586,82449.6%
Pension members$571,490$604,030$612,032$609,163$674,76318.1%
Other Revenue-$-1$0$1$0$14814900%
Total$2,969,226$3,025,208$3,594,736$4,006,971$4,261,73543.5%

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