Analysis: Elburn pays $4.58 for every $1 pensioners contribute to Elburn Police Pension Fund

By Kane County Reporter

Jul 11, 2020

Taxpayers contributed 82.2 percent of the $235,876 the Elburn Police Pension Fund brought in 2018, or $4.58 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 $193,972 to the fund, which saw a $63,459 increase in revenue over 2017. Members contributed $42,291, or 17.9 percent, in 2018.

Elburn Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$224,970	$144,780	$151,016	$129,904	$193,972	-13.8%
Pension members	$46,047	$44,487	$38,517	$41,246	$42,291	-8.2%
Other Revenue	$0	$0	$0	$1,267	-$387	-
Total	$271,017	$189,267	$189,533	$172,417	$235,876	-13%