Analysis: Normal pays $3.16 for every $1 pensioners contribute to Normal Police Pension Fund

By McLean County Times

Jul 5, 2020

Taxpayers contributed 76 percent of the $2,733,987 the Normal Police Pension Fund brought in 2018, or $3.16 for every $1 from pension members, according to a McLean County Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Normal contributed $2,077,372 to the fund, which saw a $342,307 increase in revenue over 2017. Members contributed $656,565, or 24 percent, in 2018. Another $50 came from other unspecified sources.

Normal Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,404,157	$1,660,621	$1,739,249	$1,765,843	$2,077,372	47.9%
Pension members	$560,547	$581,110	$603,082	$625,838	$656,565	17.1%
Other Revenue	-$-1	$60	$10	-$-1	$50	5100%
Total	$1,964,703	$2,241,791	$2,342,341	$2,391,680	$2,733,987	39.2%