Analysis: Bloomingdale pays $4.28 for every $1 pensioners contribute to Bloomingdale Police Pension Fund

By DuPage Policy Journal

Jul 8, 2020

Taxpayers contributed 81.1 percent of the $2,100,373 the Bloomingdale Police Pension Fund brought in 2018, or $4.28 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, Bloomingdale contributed $1,703,223 to the fund, which saw a $200,130 increase in revenue over 2017. Members contributed $397,150, or 18.9 percent, in 2018.

Bloomingdale Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,026,982	$1,280,101	$1,315,957	$1,501,701	$1,703,223	65.8%
Pension members	$421,105	$413,750	$424,188	$398,542	$397,150	-5.7%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$1,448,087	$1,693,851	$1,740,145	$1,900,243	$2,100,373	45%