Analysis: Flora pays $3.66 for every $1 pensioners contribute to Flora Police Pension Fund

By East Central Reporter Reports

Jul 6, 2020

Taxpayers contributed 78.6 percent of the $341,402 the Flora Police Pension Fund brought in 2018, or $3.66 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, Flora contributed $268,253 to the fund, which saw a $8,028 decrease in revenue over 2017. Members contributed $73,149, or 21.4 percent, in 2018.

Flora Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$240,850	$252,921	$258,122	$274,444	$268,253	11.4%
Pension members	$67,044	$72,733	$71,979	$74,986	$73,149	9.1%
Other Revenue	$0	$780	$400	$0	$0	-
Total	$307,894	$326,434	$330,501	$349,430	$341,402	10.9%