Analysis: Spring Valley pays $4.01 for every $1 pensioners contribute to Spring Valley Police Pension Fund

By Illinois Valley Times

Jul 20, 2020

Taxpayers contributed 80.1 percent of the $292,208 the Spring Valley Police Pension Fund brought in 2018, or $4.01 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, Spring Valley contributed $233,966 to the fund, which saw a $12,085 increase in revenue over 2017. Members contributed $58,242, or 19.9 percent, in 2018.

Spring Valley Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$129,465	$158,980	$199,946	$223,235	$233,966	80.7%
Pension members	$55,471	$60,956	$62,587	$56,889	$58,242	5%
Other Revenue	-$-1	$0	$0	-$-1	$0	100%
Total	$184,935	$219,936	$262,533	$280,123	$292,208	58%