Analysis: North Riverside pays $4.94 for every $1 pensioners contribute to North Riverside Police Pension Fund

By West Cook News

Jun 2, 2018

Taxpayers contributed 83.2 percent of the $1,432,983 the North Riverside Police Pension Fund brought in last year, or $4.94 for every $1 from pension members, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, North Riverside contributed $1,192,086 to the fund, which saw a $102,388 increase in revenue over 2015. Members contributed $240,847, or 16.8 percent, in 2016. Another $50 came from other unspecified sources.

North Riverside Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$150,000	$150,000	$358,334	$1,092,005	$1,192,086	694.7%
Pension members	$206,753	$233,240	$300,153	$238,590	$240,847	16.5%
Other Revenue	-$-1	$0	$0	$0	$50	5100%
Total	$356,752	$383,240	$658,487	$1,330,595	$1,432,983	301.7%