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Metro East Sun

Monday, December 23, 2024

Analysis: Cahokia pays $3.86 for every $1 pensioners contribute to Cahokia Police Pension Fund

Budget 10

Taxpayers contributed 79.4 percent of the $864,553 the Cahokia Police Pension Fund brought in 2018, or $3.86 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, Cahokia contributed $686,727 to the fund, which saw a $24,610 increase in revenue over 2017. Members contributed $177,826, or 20.6 percent, in 2018.

Cahokia Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$537,767$558,956$593,042$611,494$686,72727.7%
Pension members$198,769$197,968$278,467$228,449$177,826-10.5%
Other Revenue$144$1$4$0$0-100%
Total$736,680$756,925$871,513$839,943$864,55317.4%

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