Analysis: Belleville pays $4.01 for every $1 pensioners contribute to Belleville Police Pension Fund

By Local Labs News Service

May 16, 2018

Taxpayers contributed 80 percent of the $2,983,995 the Belleville Police Pension Fund brought in last year, or $4.01 for every $1 from pension members, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Belleville contributed $2,388,327 to the fund, which saw a $253,188 increase in revenue over 2015. Members contributed $595,180, or 19.9 percent, in 2016. Another $488 came from other unspecified sources.

Belleville Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$2,203,025	$2,146,673	$2,376,374	$2,183,517	$2,388,327	8.4%
Pension members	$492,674	$543,388	$519,223	$547,290	$595,180	20.8%
Other Revenue	$21	$0	$0	$0	$488	2223.8%
Total	$2,695,720	$2,690,061	$2,895,597	$2,730,807	$2,983,995	10.7%