Analysis: Bridgeview pays $4.72 for every $1 pensioners contribute to Bridgeview Police Pension Fund

By South Cook News

Jul 6, 2020

Taxpayers contributed 82.5 percent of the $1,702,203 the Bridgeview Police Pension Fund brought in 2018, or $4.72 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, Bridgeview contributed $1,405,000 to the fund, which saw a $73,403 increase in revenue over 2017. Members contributed $297,187, or 17.5 percent, in 2018. Another $16 came from other unspecified sources.

Bridgeview Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,168,821	$1,335,459	$1,365,392	$1,320,200	$1,405,000	20.2%
Pension members	$269,336	$277,371	$267,127	$308,600	$297,187	10.3%
Other Revenue	$0	$50	$51	$0	$16	-
Total	$1,438,157	$1,612,880	$1,632,570	$1,628,800	$1,702,203	18.4%