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Metro East Sun

Monday, December 23, 2024

Analysis: Caseyville pays $3.17 for every $1 pensioners contribute to Caseyville Police Pension Fund

Budget 10

Taxpayers contributed 76.1 percent of the $267,999 the Caseyville Police Pension Fund brought in last year, or $3.17 for every $1 from pension members, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Caseyville contributed $203,873 to the fund, which saw a $27,612 increase in revenue over 2015. Members contributed $64,126, or 23.9 percent, in 2016.

Caseyville Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$116,613$119,282$137,575$180,948$203,87374.8%
Pension members$60,883$65,379$55,627$59,438$64,1265.3%
Other Revenue$0-$-1-$-1$1$0-
Total$177,496$184,660$193,201$240,387$267,99951%

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