Analysis: East Peoria pays $4.35 for every $1 pensioners contribute to East Peoria Police Pension Fund

By Peoria Standard

Jul 8, 2020

Taxpayers contributed 81.3 percent of the $2,228,245 the East Peoria Police Pension Fund brought in 2018, or $4.35 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 $1,811,005 to the fund, which saw a $385,661 increase in revenue over 2017. Members contributed $416,303, or 18.7 percent, in 2018. Another $937 came from other unspecified sources.

East Peoria Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,268,764	$1,363,308	$1,452,077	$1,454,833	$1,811,005	42.7%
Pension members	$346,490	$370,786	$390,718	$387,450	$416,303	20.1%
Other Revenue	$234	$263	$265	$301	$937	300.4%
Total	$1,615,488	$1,734,357	$1,843,060	$1,842,584	$2,228,245	37.9%