Analysis: Streamwood pays $3.61 for every $1 pensioners contribute to Streamwood Police Pension Fund

By Local Labs News Service

Jun 12, 2018

Taxpayers contributed 78.3 percent of the $2,895,240 the Streamwood Police Pension Fund brought in last year, or $3.61 for every $1 from pension members, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Streamwood contributed $2,265,811 to the fund, which saw a $552,523 increase in revenue over 2015. Members contributed $627,142, or 21.7 percent, in 2016. Another $2,287 came from other unspecified sources.

Streamwood Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,563,507	$1,847,507	$1,773,477	$1,814,239	$2,265,811	44.9%
Pension members	$479,353	$478,139	$513,718	$528,478	$627,142	30.8%
Other Revenue	$0	$647	$1	$0	$2,287	-
Total	$2,042,860	$2,326,293	$2,287,196	$2,342,717	$2,895,240	41.7%