Analysis: Woodstock pays $4.28 for every $1 pensioners contribute to Woodstock Police Pension Fund

By McHenry Times

Jul 20, 2020

Taxpayers contributed 81.1 percent of the $1,736,955 the Woodstock Police Pension Fund brought in 2018, or $4.28 for every $1 from pension members, according to a McHenry Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Woodstock contributed $1,408,019 to the fund, which saw a $275,437 increase in revenue over 2017. Members contributed $328,649, or 18.9 percent, in 2018. Another $287 came from other unspecified sources.

Woodstock Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$882,336	$930,616	$946,589	$1,150,683	$1,408,019	59.6%
Pension members	$292,123	$340,776	$302,301	$309,048	$328,649	12.5%
Other Revenue	$1	$965	$192	$1,787	$287	28600%
Total	$1,174,460	$1,272,357	$1,249,082	$1,461,518	$1,736,955	47.9%