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Metro East Sun

Monday, December 23, 2024

Analysis: Belleville pays $6.32 for every $1 pensioners contribute to Belleville Police Pension Fund

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Taxpayers contributed 86.3 percent of the $3,971,406 the Belleville Police Pension Fund brought in 2018, or $6.32 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 $3,428,642 to the fund, which saw a $338,330 increase in revenue over 2017. Members contributed $542,225, or 13.7 percent, in 2018. Another $539 came from other unspecified sources.

Belleville Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$2,376,374$2,183,517$2,388,327$3,061,477$3,428,64244.3%
Pension members$519,223$547,290$595,180$565,398$542,2254.4%
Other Revenue$0$0$488$6,201$539-
Total$2,895,597$2,730,807$2,983,995$3,633,076$3,971,40637.2%

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