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Metro East Sun

Tuesday, November 5, 2024

Analysis: Mascoutah pays $3.22 for every $1 pensioners contribute to Mascoutah Police Pension Fund

Budget007

Taxpayers contributed 76.3 percent of the $347,110 the Mascoutah Police Pension Fund brought in last year, or $3.22 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, Mascoutah contributed $264,929 to the fund, which saw a $8,590 increase in revenue over 2015. Members contributed $82,182, or 23.7 percent, in 2016.

Mascoutah Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$199,826$279,379$267,406$261,621$264,92932.6%
Pension members$75,199$77,077$79,333$76,899$82,1829.3%
Other Revenue$0$1$0$0-$-1-
Total$275,025$356,457$346,739$338,520$347,11026.2%

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