Analysis: Danville pays $4.56 for every $1 pensioners contribute to Danville Police Pension Fund

By Local Labs News Service

May 19, 2018

Taxpayers contributed 82 percent of the $2,353,013 the Danville Police Pension Fund brought in last year, or $4.56 for every $1 from pension members, according to a Chambana Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Danville contributed $1,930,255 to the fund, which saw a $25,558 increase in revenue over 2015. Members contributed $422,758, or 18 percent, in 2016.

Danville Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,478,858	$1,525,347	$1,586,574	$1,886,266	$1,930,255	30.5%
Pension members	$373,999	$404,250	$378,366	$441,189	$422,758	13%
Other Revenue	$175	$135	$171	$0	$0	-100%
Total	$1,853,032	$1,929,732	$1,965,111	$2,327,455	$2,353,013	27%