Analysis: University Park pays $4.66 for every $1 pensioners contribute to University Park Policemen's Pension Fund

By Will County Gazette

Aug 4, 2020

Taxpayers contributed 82.4 percent of the $654,200 the University Park Policemen's Pension Fund brought in 2018, or $4.66 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 $538,814 to the fund, which saw a $45,622 increase in revenue over 2017. Members contributed $115,386, or 17.6 percent, in 2018.

University Park Policemen's Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$150,632	$176,045	$408,503	$486,061	$538,814	257.7%
Pension members	$149,582	$139,311	$161,311	$122,517	$115,386	-22.9%
Other Revenue	$0	$0	$1	$0	$0	-
Total	$300,214	$315,356	$569,815	$608,578	$654,200	117.9%