Analysis: Dolton pays $2.33 for every $1 pensioners contribute to Dolton Police Pension Fund

By South Cook News

Jul 22, 2020

Taxpayers contributed 69.5 percent of the $1,037,946 the Dolton Police Pension Fund brought in 2018, or $2.33 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, Dolton contributed $721,564 to the fund, which saw a $53,557 decrease in revenue over 2017. Members contributed $309,041, or 29.8 percent, in 2018. Another $7,341 came from other unspecified sources.

Dolton Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$718,071	$716,574	$787,728	$762,459	$721,564	0.5%
Pension members	$352,535	$329,382	$325,100	$325,913	$309,041	-12.3%
Other Revenue	-$5,658	-$17,802	-$5,871	$3,131	$7,341	229.7%
Total	$1,064,948	$1,028,154	$1,106,957	$1,091,503	$1,037,946	-2.5%