Analysis: Crest Hill pays $4.36 for every $1 pensioners contribute to Crest Hill Police Pension Fund

By Will County Gazette

Jul 7, 2020

Taxpayers contributed 81.3 percent of the $1,457,369 the Crest Hill Police Pension Fund brought in 2018, or $4.36 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, Crest Hill contributed $1,184,836 to the fund, which saw a $212,608 increase in revenue over 2017. Members contributed $271,604, or 18.6 percent, in 2018. Another $929 came from other unspecified sources.

Crest Hill Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$621,589	$916,669	$1,125,000	$986,940	$1,184,836	90.6%
Pension members	$221,260	$237,697	$244,196	$258,324	$271,604	22.8%
Other Revenue	-$3,765	$6,253	$952	-$503	$929	124.7%
Total	$839,084	$1,160,619	$1,370,148	$1,244,761	$1,457,369	73.7%