Quantcast

Illinois Valley Times

Monday, November 25, 2024

Analysis: Streator pays $6.75 for every $1 pensioners contribute to Streator Police Pension Fund

Budget 11

Taxpayers contributed 87.1 percent of the $1,005,437 the Streator Police Pension Fund brought in last year, or $6.75 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, Streator contributed $875,746 to the fund, which saw a $96,080 increase in revenue over 2015. Members contributed $129,691, or 12.9 percent, in 2016.

Streator Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$626,706$662,077$644,099$748,097$875,74639.7%
Pension members$145,405$152,163$147,787$161,260$129,691-10.8%
Other Revenue-$-1$0$0$0$0100%
Total$772,110$814,240$791,886$909,357$1,005,43730.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS