Analysis: Ottawa pays $3.30 for every $1 pensioners contribute to Ottawa Police Pension Fund

By Illinois Valley Times

Jul 15, 2020

Taxpayers contributed 76.8 percent of the $1,141,702 the Ottawa Police Pension Fund brought in 2018, or $3.30 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, Ottawa contributed $876,462 to the fund, which saw a $5,256 increase in revenue over 2017. Members contributed $265,239, or 23.2 percent, in 2018. Another $1 came from other unspecified sources.

Ottawa Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$651,722	$694,633	$690,595	$875,464	$876,462	34.5%
Pension members	$235,967	$261,602	$255,453	$257,584	$265,239	12.4%
Other Revenue	$0	$0	$0	$3,398	$1	-
Total	$887,689	$956,235	$946,048	$1,136,446	$1,141,702	28.6%