Analysis: Bolingbrook pays $4.51 for every $1 pensioners contribute to Bolingbrook Police Pension Fund

By Will County Gazette

Jul 3, 2020

Taxpayers contributed 82.1 percent of the $6,602,229 the Bolingbrook Police Pension Fund brought in 2018, or $4.51 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 $5,419,514 to the fund, which saw a $77,293 decrease in revenue over 2017. Members contributed $1,199,674, or 18.2 percent, in 2018.

Bolingbrook Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,773,304	$2,976,417	$3,631,065	$5,624,946	$5,419,514	205.6%
Pension members	$1,048,698	$1,158,171	$1,055,142	$1,045,144	$1,199,674	14.4%
Other Revenue	$147,064	$176,504	-$1,134	$9,432	-$16,959	-111.5%
Total	$2,969,066	$4,311,092	$4,685,073	$6,679,522	$6,602,229	122.4%