Analysis: Carpentersville pays $4.41 for every $1 pensioners contribute to Carpentersville Police Pension Fund

By Local Labs News Service

May 20, 2018

Taxpayers contributed 82 percent of the $2,860,796 the Carpentersville Police Pension Fund brought in last year, or $4.41 for every $1 from pension members, according to a Kane County Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Carpentersville contributed $2,346,705 to the fund, which saw a $423,985 increase in revenue over 2015. Members contributed $531,488, or 18.6 percent, in 2016.

Carpentersville Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,748,130	$1,533,426	$1,768,692	$2,085,015	$2,346,705	34.2%
Pension members	$505,238	$497,655	$551,078	$374,280	$531,488	5.2%
Other Revenue	$602	-$5,480	-$7,599	-$22,484	-$17,397	-2989.9%
Total	$2,253,970	$2,025,601	$2,312,171	$2,436,811	$2,860,796	26.9%