Taxpayers contributed 87 percent of the $806,342 the Silvis Police Pension Fund brought in 2018, or $6.68 for every $1 from pension members, according to a Rock Island Today analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
In all, Silvis contributed $701,359 to the fund, which saw a $288,839 increase in revenue over 2017. Members contributed $104,983, or 13 percent, in 2018.
Silvis Police Pension Fund revenue over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Municipality | $317,311 | $366,136 | $347,125 | $416,954 | $701,359 | 121% |
| Pension members | $93,167 | $105,364 | $95,423 | $100,549 | $104,983 | 12.7% |
| Other Revenue | $0 | $0 | $31 | $0 | $0 | – |
| Total | $410,478 | $471,500 | $442,579 | $517,503 | $806,342 | 96.4% |
