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Metro East Sun

Tuesday, April 29, 2025

Analysis: Bethalto pays $4.44 for every $1 pensioners contribute to Bethalto Police Pension Fund

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Taxpayers contributed 80.1 percent of the $503,155 the Bethalto Police Pension Fund brought in 2018, or $4.44 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, Bethalto contributed $402,889 to the fund, which saw a $9,759 increase in revenue over 2017. Members contributed $90,643, or 18 percent, in 2018. Another $9,623 came from other unspecified sources.

Bethalto Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$341,176$378,063$367,739$404,141$402,88918.1%
Pension members$84,726$86,804$90,086$89,255$90,6437%
Other Revenue$0$122$0$0$9,623-
Total$425,902$464,989$457,825$493,396$503,15518.1%

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