Analysis: Eureka pays $2.98 for every $1 pensioners contribute to Eureka Police Pension Fund

By Peoria Standard

Jul 9, 2020

Taxpayers contributed 74.9 percent of the $111,524 the Eureka Police Pension Fund brought in 2018, or $2.98 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, Eureka contributed $83,554 to the fund, which saw a $11,618 increase in revenue over 2017. Members contributed $27,970, or 25.1 percent, in 2018.

Eureka Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$30,000	$30,000	$63,274	$72,953	$83,554	178.5%
Pension members	$18,969	$24,444	$26,217	$26,953	$27,970	47.5%
Other Revenue	$120	$10	$10	$0	$0	-100%
Total	$49,089	$54,454	$89,501	$99,906	$111,524	127.2%