Analysis: Braidwood pays $4.65 for every $1 pensioners contribute to Braidwood Police Pension Fund

By Will County Gazette

Jul 4, 2020

Taxpayers contributed 81.8 percent of the $460,436 the Braidwood Police Pension Fund brought in 2018, or $4.65 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, Braidwood contributed $376,579 to the fund, which saw a $101,936 increase in revenue over 2017. Members contributed $80,876, or 17.6 percent, in 2018. Another $2,981 came from other unspecified sources.

Braidwood Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$274,792	$292,560	$230,493	$201,188	$376,579	37%
Pension members	$80,814	$85,272	$66,826	$155,896	$80,876	0.1%
Other Revenue	$206	$4,846	-$3,666	$1,416	$2,981	1347.1%
Total	$355,812	$382,678	$293,653	$358,500	$460,436	29.4%