Analysis: Collinsville pays $3.89 for every $1 pensioners contribute to Collinsville Police Pension Fund

By Metro East Sun

Jul 11, 2020

Taxpayers contributed 79.5 percent of the $1,789,028 the Collinsville Police Pension Fund brought in 2018, or $3.89 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, Collinsville contributed $1,422,092 to the fund, which saw a $264,798 increase in revenue over 2017. Members contributed $365,016, or 20.4 percent, in 2018. Another $1,920 came from other unspecified sources.

Collinsville Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,169,202	$1,193,868	$1,148,282	$1,178,869	$1,422,092	21.6%
Pension members	$409,910	$317,580	$335,566	$343,441	$365,016	-11%
Other Revenue	$0	$1,920	$1,920	$1,920	$1,920	-
Total	$1,579,112	$1,513,368	$1,485,768	$1,524,230	$1,789,028	13.3%