Analysis: University Park pays $2.53 for every $1 pensioners contribute to University Park Policemen's Pension Fund

By Local Labs News Service

Jun 12, 2018

Taxpayers contributed 71.7 percent of the $569,815 the University Park Policemen's Pension Fund brought in last year, or $2.53 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, University Park contributed $408,503 to the fund, which saw a $254,459 increase in revenue over 2015. Members contributed $161,311, or 28.3 percent, in 2016. Another $1 came from other unspecified sources.

University Park Policemen's Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$175,127	$25,811	$150,632	$176,045	$408,503	133.3%
Pension members	$114,086	$124,090	$149,582	$139,311	$161,311	41.4%
Other Revenue	$0	$550	$0	$0	$1	-
Total	$289,213	$150,451	$300,214	$315,356	$569,815	97%