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Metro East Sun

Monday, December 23, 2024

Analysis: East Saint Louis pays $6.25 for every $1 pensioners contribute to East St Louis Police Pension Fund

Budget06

Taxpayers contributed 86.2 percent of the $1,919,523 the East St Louis Police Pension Fund brought in 2018, or $6.25 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 $1,655,017 to the fund, which saw a $913,281 increase in revenue over 2017. Members contributed $264,506, or 13.8 percent, in 2018.

East St Louis Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$1,637,890$654,575$688,617$714,928$1,655,0171%
Pension members$331,594$383,192$313,787$290,086$264,506-20.2%
Other Revenue$397$0$0$1,228$0-100%
Total$1,969,881$1,037,767$1,002,404$1,006,242$1,919,523-2.6%

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