Analysis: Hillsboro pays $4.81 for every $1 pensioners contribute to Hillsboro Police Pension Fund

By Local Labs News Service

May 21, 2018

Taxpayers contributed 82.8 percent of the $218,511 the Hillsboro Police Pension Fund brought in last year, or $4.81 for every $1 from pension members, according to a South Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Hillsboro contributed $180,966 to the fund, which saw a $22,940 increase in revenue over 2015. Members contributed $37,545, or 17.2 percent, in 2016.

Hillsboro Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$82,557	$107,400	$127,011	$163,717	$180,966	119.2%
Pension members	$34,306	$30,156	$35,725	$31,854	$37,545	9.4%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$116,863	$137,556	$162,736	$195,571	$218,511	87%