Analysis: Morton pays $3.94 for every $1 pensioners contribute to Morton Police Pension Fund

By Peoria Standard

Jul 10, 2020

Taxpayers contributed 79.8 percent of the $794,580 the Morton Police Pension Fund brought in 2018, or $3.94 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, Morton contributed $633,804 to the fund, which saw a $11,188 increase in revenue over 2017. Members contributed $160,775, or 20.2 percent, in 2018. Another $1 came from other unspecified sources.

Morton Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$644,888	$642,549	$644,109	$626,066	$633,804	-1.7%
Pension members	$146,839	$178,871	$154,844	$157,327	$160,775	9.5%
Other Revenue	-$-1	$1	$1	-$-1	$1	200%
Total	$791,726	$821,421	$798,954	$783,392	$794,580	0.4%