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West Cook News

Wednesday, April 16, 2025

Analysis: Cicero pays $3.48 for every $1 pensioners contribute to Cicero Police Pension Fund

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Taxpayers contributed 77.7 percent of the $7,620,774 the Cicero Police Pension Fund brought in 2018, or $3.48 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, Cicero contributed $5,924,093 to the fund, which saw a $164,894 decrease in revenue over 2017. Members contributed $1,698,373, or 22.3 percent, in 2018.

Cicero Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$4,394,977$4,581,844$5,585,411$6,398,527$5,924,09334.8%
Pension members$1,417,562$1,510,420$1,556,195$1,392,908$1,698,37319.8%
Other Revenue-$21,074$10,976$18,843-$5,767-$1,69292%
Total$5,791,465$6,103,240$7,160,449$7,785,668$7,620,77431.6%

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