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Peoria Standard

Friday, November 22, 2024

Analysis: Bartonville pays $3.65 for every $1 pensioners contribute to Bartonville Police Pension Fund

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Taxpayers contributed 78.6 percent of the $367,321 the Bartonville Police Pension Fund brought in 2018, or $3.65 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, Bartonville contributed $288,720 to the fund, which saw a $874 increase in revenue over 2017. Members contributed $78,893, or 21.5 percent, in 2018.

Bartonville Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$114,381$359,656$206,591$296,184$288,720152.4%
Pension members$64,240$63,395$68,420$70,264$78,89322.8%
Other Revenue$0$0$0-$-1-$292-
Total$178,621$423,051$275,011$366,447$367,321105.6%

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