Analysis: Elburn pays $3.92 for every $1 pensioners contribute to Elburn Police Pension Fund

By Local Labs News Service

May 23, 2018

Taxpayers contributed 79.7 percent of the $189,533 the Elburn Police Pension Fund brought in last year, or $3.92 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, Elburn contributed $151,016 to the fund, which saw a $266 increase in revenue over 2015. Members contributed $38,517, or 20.3 percent, in 2016.

Elburn Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$162,765	$100,000	$224,970	$144,780	$151,016	-7.2%
Pension members	$171,842	$44,982	$46,047	$44,487	$38,517	-77.6%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$334,607	$144,982	$271,017	$189,267	$189,533	-43.4%