Quantcast

Metro East Sun

Monday, December 23, 2024

Analysis: East Saint Louis pays $2.19 for every $1 pensioners contribute to East St Louis Police Pension Fund

Shutterstock 150354515

Taxpayers contributed 68.7 percent of the $1,002,404 the East St Louis Police Pension Fund brought in last year, or $2.19 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, East Saint Louis contributed $688,617 to the fund, which saw a $35,363 decrease in revenue over 2015. Members contributed $313,787, or 31.3 percent, in 2016.

East St Louis Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$1,671,709$1,965,283$1,637,890$654,575$688,617-58.8%
Pension members$283,554$292,264$331,594$383,192$313,78710.7%
Other Revenue$0$0$397$0$0-
Total$1,955,263$2,257,547$1,969,881$1,037,767$1,002,404-48.7%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS