Analysis: Downers Grove pays $4.76 for every $1 pensioners contribute to Downers Grove Police Pension Fund

By DuPage Policy Journal

Jul 17, 2020

Taxpayers contributed 83.3 percent of the $3,794,075 the Downers Grove Police Pension Fund brought in 2018, or $4.76 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, Downers Grove contributed $3,159,441 to the fund, which saw a $140,569 increase in revenue over 2017. Members contributed $663,568, or 17.5 percent, in 2018.

Downers Grove Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,328,358	$2,274,955	$2,689,713	$2,938,808	$3,159,441	35.7%
Pension members	$723,877	$669,478	$772,223	$703,712	$663,568	-8.3%
Other Revenue	$17,001	$15,914	$6,893	$10,986	-$28,934	-270.2%
Total	$3,069,236	$2,960,347	$3,468,829	$3,653,506	$3,794,075	23.6%