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Kane County Reporter

Friday, November 22, 2024

Analysis: St. Charles pays $5.84 for every $1 pensioners contribute to Campton Hills Police Pension Fund

Budget 04

Taxpayers contributed 85.4 percent of the $274,035 the Campton Hills Police Pension Fund brought in 2018, or $5.84 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, St. Charles contributed $234,000 to the fund, which saw a $26,521 decrease in revenue over 2017. Members contributed $40,036, or 14.6 percent, in 2018.

Campton Hills Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$132,157$178,928$298,228$263,368$234,00077.1%
Pension members$31,914$33,779$38,610$37,189$40,03625.4%
Other Revenue$0$0$1-$-1-$-1-
Total$164,071$212,707$336,839$300,556$274,03567%

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