Analysis: Batavia pays $4.66 for every $1 pensioners contribute to Batavia Police Pension Fund

By Kane County Reporter

Jul 5, 2020

Taxpayers contributed 82.1 percent of the $2,324,512 the Batavia Police Pension Fund brought in 2018, or $4.66 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 $1,909,286 to the fund, which saw a $130,635 increase in revenue over 2017. Members contributed $409,531, or 17.6 percent, in 2018. Another $5,695 came from other unspecified sources.

Batavia Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,357,815	$1,450,502	$1,808,325	$1,803,057	$1,909,286	40.6%
Pension members	$421,125	$374,120	$489,558	$387,415	$409,531	-2.8%
Other Revenue	$8,123	$559	$2,043	$3,405	$5,695	-29.9%
Total	$1,787,063	$1,825,181	$2,299,926	$2,193,877	$2,324,512	30.1%