Analysis: Western Springs pays $4.82 for every $1 pensioners contribute to Western Springs Police Pension Fund

By West Cook News

Jun 14, 2018

Taxpayers contributed 82.8 percent of the $1,103,603 the Western Springs Police Pension Fund brought in last year, or $4.82 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, Western Springs contributed $914,178 to the fund, which saw a $6,138 decrease in revenue over 2015. Members contributed $189,425, or 17.2 percent, in 2016.

Western Springs Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$686,299	$719,393	$792,475	$866,366	$914,178	33.2%
Pension members	$166,578	$168,501	$165,553	$243,375	$189,425	13.7%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$852,877	$887,894	$958,028	$1,109,741	$1,103,603	29.4%