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Illinois Valley Times

Friday, January 31, 2025

Analysis: Morris pays $3.76 for every $1 pensioners contribute to Morris Police Pension Fund

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Taxpayers contributed 79 percent of the $880,149 the Morris Police Pension Fund brought in last year, or $3.76 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, Morris contributed $695,513 to the fund, which saw a $9,072 decrease in revenue over 2015. Members contributed $184,586, or 21 percent, in 2016. Another $50 came from other unspecified sources.

Morris Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$499,937$583,706$658,445$695,513$695,51339.1%
Pension members$162,532$157,383$180,513$193,488$184,58613.6%
Other Revenue$0$0$1$220$50-
Total$662,469$741,089$838,959$889,221$880,14932.9%

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