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Dupage Policy Journal

Friday, November 22, 2024

Analysis: Burr Ridge pays $3.35 for every $1 pensioners contribute to Burr Ridge Police Pension Fund

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Taxpayers contributed 77 percent of the $1,014,373 the Burr Ridge Police Pension Fund brought in 2018, or $3.35 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, Burr Ridge contributed $780,713 to the fund, which saw a $87,058 increase in revenue over 2017. Members contributed $232,978, or 23 percent, in 2018. Another $682 came from other unspecified sources.

Burr Ridge Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$555,623$543,678$593,000$697,784$780,71340.5%
Pension members$209,560$219,573$235,261$234,761$232,97811.2%
Other Revenue$6,453$8,352$1,580-$5,230$682-89.4%
Total$771,636$771,603$829,841$927,315$1,014,37331.5%

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