Analysis: Streator pays $5.52 for every $1 pensioners contribute to Streator Police Pension Fund

By Illinois Valley Times

Jul 22, 2020

Taxpayers contributed 84.7 percent of the $1,144,155 the Streator Police Pension Fund brought in 2018, or $5.52 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 $968,823 to the fund, which saw a $33,551 increase in revenue over 2017. Members contributed $175,332, or 15.3 percent, in 2018.

Streator Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$644,099	$748,097	$875,746	$936,443	$968,823	50.4%
Pension members	$147,787	$161,260	$129,691	$174,161	$175,332	18.6%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$791,886	$909,357	$1,005,437	$1,110,604	$1,144,155	44.5%