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Peoria Standard

Friday, November 22, 2024

Analysis: Bartonville pays $3.01 for every $1 pensioners contribute to Bartonville Police Pension Fund

Budget 09

Taxpayers contributed 75.1 percent of the $275,011 the Bartonville Police Pension Fund brought in last year, or $3.01 for every $1 from pension members, according to a Peoria Standard analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Bartonville contributed $206,591 to the fund, which saw a $148,040 decrease in revenue over 2015. Members contributed $68,420, or 24.9 percent, in 2016.

Bartonville Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$112,394$111,650$114,381$359,656$206,59183.8%
Pension members$54,956$59,875$64,240$63,395$68,42024.5%
Other Revenue$1$0$0$0$0-100%
Total$167,351$171,525$178,621$423,051$275,01164.3%

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