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Metro East Sun

Monday, December 23, 2024

Analysis: Caseyville pays $122.28 for every $1 pensioners contribute to Washington Park Police Pension Fund

Budget06

Taxpayers contributed 99.2 percent of the $60,533 the Washington Park Police Pension Fund brought in last year, or $122.28 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 $60,041 to the fund, which saw a $22,490 decrease in revenue over 2015. Members contributed $491, or 0.8 percent, in 2016. Another $1 came from other unspecified sources.

Washington Park Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$50,133$57,163$60,548$76,897$60,04119.8%
Pension members$9,481$6,050$6,666$6,126$491-94.8%
Other Revenue-$-1-$-1$0$0$1200%
Total$59,613$63,212$67,214$83,023$60,5331.5%

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