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DeKalb Times

Monday, December 23, 2024

Analysis: DeKalb pays $4.57 for every $1 pensioners contribute to Dekalb Police Pension Fund

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Taxpayers contributed 82 percent of the $3,645,878 the Dekalb Police Pension Fund brought in 2018, or $4.57 for every $1 from pension members, according to a DeKalb Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, DeKalb contributed $2,989,632 to the fund, which saw a $581,580 increase in revenue over 2017. Members contributed $653,454, or 17.9 percent, in 2018. Another $2,792 came from other unspecified sources.

Dekalb Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,352,291$1,448,949$2,085,233$2,485,107$2,989,632121.1%
Pension members$632,775$711,771$294,236$579,016$653,4543.3%
Other Revenue-$19,610-$3,457$993$175$2,792114.2%
Total$1,965,456$2,157,263$2,380,462$3,064,298$3,645,87885.5%

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