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Dupage Policy Journal

Friday, November 22, 2024

Analysis: Bensenville pays $3.25 for every $1 pensioners contribute to Bensenville Police Pension Fund

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Taxpayers contributed 76.1 percent of the $1,519,233 the Bensenville Police Pension Fund brought in 2018, or $3.25 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, Bensenville contributed $1,156,668 to the fund, which saw a $93,756 increase in revenue over 2017. Members contributed $355,632, or 23.4 percent, in 2018. Another $6,933 came from other unspecified sources.

Bensenville Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$895,110$897,887$1,050,931$1,086,965$1,156,66829.2%
Pension members$334,139$308,223$311,402$328,752$355,6326.4%
Other Revenue$8,595$10,869-$1,626$9,760$6,933-19.3%
Total$1,237,844$1,216,979$1,360,707$1,425,477$1,519,23322.7%

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