Analysis: East Peoria pays $3.71 for every $1 pensioners contribute to East Peoria Police Pension Fund

By Local Labs News Service

May 21, 2018

Taxpayers contributed 78.8 percent of the $1,843,060 the East Peoria Police Pension Fund brought in last year, or $3.71 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 $1,452,077 to the fund, which saw a $108,703 increase in revenue over 2015. Members contributed $390,718, or 21.2 percent, in 2016. Another $265 came from other unspecified sources.

East Peoria Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,330,790	$1,237,716	$1,268,764	$1,363,308	$1,452,077	9.1%
Pension members	$297,360	$324,196	$346,490	$370,786	$390,718	31.4%
Other Revenue	$16,311	$377	$234	$263	$265	-98.4%
Total	$1,644,461	$1,562,289	$1,615,488	$1,734,357	$1,843,060	12.1%