Analysis: Batavia pays $3.69 for every $1 pensioners contribute to Batavia Police Pension Fund

By Local Labs News Service

May 17, 2018

Taxpayers contributed 78.6 percent of the $2,299,926 the Batavia Police Pension Fund brought in last year, or $3.69 for every $1 from pension members, according to a Kane County Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Batavia contributed $1,808,325 to the fund, which saw a $474,745 increase in revenue over 2015. Members contributed $489,558, or 21.3 percent, in 2016. Another $2,043 came from other unspecified sources.

Batavia Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,284,032	$1,310,582	$1,357,815	$1,450,502	$1,808,325	40.8%
Pension members	$345,914	$348,811	$421,125	$374,120	$489,558	41.5%
Other Revenue	-$4,331	$23,745	$8,123	$559	$2,043	147.2%
Total	$1,625,615	$1,683,138	$1,787,063	$1,825,181	$2,299,926	41.5%