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Kendall County Times

Saturday, November 23, 2024

Analysis: Yorkville pays $3.24 for every $1 pensioners contribute to Yorkville Police Pension Fund

Budget 11

Taxpayers contributed 76.4 percent of the $945,676 the Yorkville Police Pension Fund brought in last year, or $3.24 for every $1 from pension members, according to a Kendall County Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Yorkville contributed $722,940 to the fund, which saw a $107,272 increase in revenue over 2015. Members contributed $222,736, or 23.6 percent, in 2016.

Yorkville Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$342,704$488,354$524,120$624,168$722,940111%
Pension members$163,428$180,395$193,600$214,237$222,73636.3%
Other Revenue$1-$-1$0-$-1$0-100%
Total$506,133$668,748$717,720$838,404$945,67686.8%

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