Analysis: East Peoria pays $5.46 for every $1 pensioners contribute to East Peoria Firefighters Pension Fund

By Peoria Standard

Jul 7, 2020

Taxpayers contributed 84.5 percent of the $2,328,106 the East Peoria Firefighters Pension Fund brought in 2018, or $5.46 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 $1,967,095 to the fund, which saw a $441,423 increase in revenue over 2017. Members contributed $360,145, or 15.5 percent, in 2018. Another $866 came from other unspecified sources.

East Peoria Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,305,609	$1,398,175	$1,533,659	$1,534,761	$1,967,095	50.7%
Pension members	$302,158	$322,840	$337,628	$351,674	$360,145	19.2%
Other Revenue	$176	$222	$228	$248	$866	392%
Total	$1,607,943	$1,721,237	$1,871,515	$1,886,683	$2,328,106	44.8%