Analysis: Effingham pays $4.95 for every $1 pensioners contribute to Effingham Police Pension Fund

By East Central Reporter Reports

Jul 5, 2020

Taxpayers contributed 83.2 percent of the $1,000,917 the Effingham Police Pension Fund brought in 2018, or $4.95 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, Effingham contributed $832,798 to the fund, which saw a $59,624 increase in revenue over 2017. Members contributed $168,119, or 16.8 percent, in 2018.

Effingham Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$470,231	$472,239	$618,018	$792,618	$832,798	77.1%
Pension members	$163,745	$142,384	$146,396	$148,675	$168,119	2.7%
Other Revenue	-$-1	$1	$1	$0	$0	100%
Total	$633,975	$614,624	$764,415	$941,293	$1,000,917	57.9%