Analysis: Worth pays $3.81 for every $1 pensioners contribute to Worth Police Pension Fund

By South Cook News

Jul 1, 2020

Taxpayers contributed 79.1 percent of the $1,115,719 the Worth Police Pension Fund brought in 2018, or $3.81 for every $1 from pension members, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Worth contributed $882,222 to the fund, which saw a $16,633 decrease in revenue over 2017. Members contributed $231,387, or 20.7 percent, in 2018. Another $2,110 came from other unspecified sources.

Worth Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$686,128	$849,730	$802,434	$913,031	$882,222	28.6%
Pension members	$176,814	$186,555	$200,578	$215,432	$231,387	30.9%
Other Revenue	$3,301	$1,735	$705	$3,889	$2,110	-36.1%
Total	$866,243	$1,038,020	$1,003,717	$1,132,352	$1,115,719	28.8%