Quantcast

DeKalb Times

Tuesday, November 5, 2024

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

Shutterstock 437118295

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%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS