Analysis: Addison pays $3.75 for every $1 pensioners contribute to Addison Police Pension Fund

By DuPage Policy Journal

Jul 3, 2020

Taxpayers contributed 79.2 percent of the $3,836,976 the Addison Police Pension Fund brought in 2018, or $3.75 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, Addison contributed $3,037,753 to the fund, which saw a $462,212 increase in revenue over 2017. Members contributed $809,052, or 21.1 percent, in 2018.

Addison Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,152,215	$2,309,850	$2,724,449	$2,763,130	$3,037,753	41.1%
Pension members	$536,974	$576,575	$620,301	$611,634	$809,052	50.7%
Other Revenue	$0	$0	$50	$0	-$9,829	-
Total	$2,689,189	$2,886,425	$3,344,800	$3,374,764	$3,836,976	42.7%