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Kane County Reporter

Monday, December 23, 2024

Analysis: East Dundee pays $5.43 for every $1 pensioners contribute to East Dundee Police Pension Fund

Budget 10

Taxpayers contributed 84.8 percent of the $640,661 the East Dundee Police Pension Fund brought in 2018, or $5.43 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, East Dundee contributed $543,025 to the fund, which saw a $65,490 decrease in revenue over 2017. Members contributed $99,961, or 15.6 percent, in 2018.

East Dundee Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$390,488$387,389$448,635$570,288$543,02539.1%
Pension members$98,023$101,582$106,193$106,148$99,9612%
Other Revenue$11,174$3,750$1,587$29,715-$2,325-120.8%
Total$499,685$492,721$556,415$706,151$640,66128.2%

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