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Kendall County Times

Saturday, November 23, 2024

Analysis: Yorkville pays $3.87 for every $1 pensioners contribute to Yorkville Police Pension Fund

Budget 01

Taxpayers contributed 79.5 percent of the $1,215,632 the Yorkville Police Pension Fund brought in 2018, or $3.87 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 $966,211 to the fund, which saw a $156,161 increase in revenue over 2017. Members contributed $249,421, or 20.5 percent, in 2018.

Yorkville Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$524,120$624,168$722,940$825,413$966,21184.3%
Pension members$193,600$214,237$222,736$234,058$249,42128.8%
Other Revenue$0-$-1$0$0$0-
Total$717,720$838,404$945,676$1,059,471$1,215,63269.4%

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