Analysis: Oswego pays $3.27 for every $1 pensioners contribute to Oswego Police Pension Fund

By Kendall County Times

Jul 4, 2020

Taxpayers contributed 76.3 percent of the $1,876,028 the Oswego Police Pension Fund brought in 2018, or $3.27 for every $1 from pension members, according to a Kendall County Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Oswego contributed $1,430,544 to the fund, which saw a $113,317 decrease in revenue over 2017. Members contributed $437,086, or 23.3 percent, in 2018. Another $8,398 came from other unspecified sources.

Oswego Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,075,000	$1,185,000	$1,250,000	$1,550,011	$1,430,544	33.1%
Pension members	$396,282	$426,332	$425,332	$423,439	$437,086	10.3%
Other Revenue	$7,106	$7,784	$9,598	$15,895	$8,398	18.2%
Total	$1,478,388	$1,619,116	$1,684,930	$1,989,345	$1,876,028	26.9%