Analysis: Shelbyville pays $5.57 for every $1 pensioners contribute to Shelbyville Police Pension Fund

By East Central Reporter Reports

Jul 17, 2020

Taxpayers contributed 84.8 percent of the $220,873 the Shelbyville Police Pension Fund brought in 2018, or $5.57 for every $1 from pension members, according to a East Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Shelbyville contributed $187,276 to the fund, which saw a $11,355 increase in revenue over 2017. Members contributed $33,598, or 15.2 percent, in 2018.

Shelbyville Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$88,316	$150,074	$168,128	$175,462	$187,276	112.1%
Pension members	$31,615	$31,596	$33,182	$34,057	$33,598	6.3%
Other Revenue	$1	$0	$1	-$-1	-$-1	-200%
Total	$119,932	$181,670	$201,311	$209,518	$220,873	84.2%