Analysis: LaSalle pays $7.68 for every $1 pensioners contribute to Peru Police Pension Fund

By Illinois Valley Times

Jul 17, 2020

Taxpayers contributed 88.5 percent of the $1,411,089 the Peru Police Pension Fund brought in 2018, or $7.68 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 $1,248,667 to the fund, which saw a $246,454 increase in revenue over 2017. Members contributed $162,422, or 11.5 percent, in 2018.

Peru Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$701,936	$865,747	$923,410	$998,985	$1,248,667	77.9%
Pension members	$153,231	$159,044	$161,858	$165,650	$162,422	6%
Other Revenue	$0	$0	$1	$0	$0	-
Total	$855,167	$1,024,791	$1,085,269	$1,164,635	$1,411,089	65%