Analysis: Bolingbrook pays $3.44 for every $1 pensioners contribute to Bolingbrook Police Pension Fund

By Local Labs News Service

May 15, 2018

Taxpayers contributed 77.5 percent of the $4,685,073 the Bolingbrook Police Pension Fund brought in last year, or $3.44 for every $1 from pension members, according to a Will County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Bolingbrook contributed $3,631,065 to the fund, which saw a $373,981 increase in revenue over 2015. Members contributed $1,055,142, or 22.5 percent, in 2016.

Bolingbrook Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,503,477	$1,667,448	$1,773,304	$2,976,417	$3,631,065	141.5%
Pension members	$1,099,726	$957,477	$1,048,698	$1,158,171	$1,055,142	-4.1%
Other Revenue	$0	-$5,473	$147,064	$176,504	-$1,134	-
Total	$2,603,203	$2,619,452	$2,969,066	$4,311,092	$4,685,073	80%