Analysis: East Peoria pays $4.54 for every $1 pensioners contribute to East Peoria Firefighters Pension Fund

By Local Labs News Service

May 20, 2018

Taxpayers contributed 81.9 percent of the $1,871,515 the East Peoria Firefighters Pension Fund brought in last year, or $4.54 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, East Peoria contributed $1,533,659 to the fund, which saw a $150,278 increase in revenue over 2015. Members contributed $337,628, or 18 percent, in 2016. Another $228 came from other unspecified sources.

East Peoria Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,396,644	$1,204,895	$1,305,609	$1,398,175	$1,533,659	9.8%
Pension members	$280,614	$291,348	$302,158	$322,840	$337,628	20.3%
Other Revenue	$1,253	$406	$176	$222	$228	-81.8%
Total	$1,678,511	$1,496,649	$1,607,943	$1,721,237	$1,871,515	11.5%