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Illinois Valley Times

Monday, November 25, 2024

Analysis: LaSalle pays $5.21 for every $1 pensioners contribute to Lasalle Police Pension Fund

Budget 09

Taxpayers contributed 81.3 percent of the $898,698 the Lasalle Police Pension Fund brought in last year, or $5.21 for every $1 from pension members, according to a Illinois Valley Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, LaSalle contributed $730,805 to the fund, which saw a $89,009 increase in revenue over 2015. Members contributed $140,204, or 15.6 percent, in 2016. Another $27,689 came from other unspecified sources.

Lasalle Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$342,850$430,349$584,253$671,345$730,805113.2%
Pension members$133,984$133,892$138,872$138,345$140,2044.6%
Other Revenue$0-$-1$0-$-1$27,689-
Total$476,834$564,240$723,125$809,689$898,69888.5%

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