Analysis: Lawrenceville pays $4.34 for every $1 pensioners contribute to Lawrenceville Police Pension Fund

By East Central Reporter Reports

Jul 7, 2020

Taxpayers contributed 81.3 percent of the $184,805 the Lawrenceville Police Pension Fund brought in 2018, or $4.34 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, Lawrenceville contributed $150,253 to the fund, which saw a $16,318 increase in revenue over 2017. Members contributed $34,552, or 18.7 percent, in 2018.

Lawrenceville Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$81,114	$111,255	$171,516	$134,846	$150,253	85.2%
Pension members	$34,202	$36,772	$31,919	$33,641	$34,552	1%
Other Revenue	$0	$1	$1	$0	$0	-
Total	$115,316	$148,028	$203,436	$168,487	$184,805	60.3%