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South Central Reporter

Saturday, November 16, 2024

Analysis: Greenville pays $4.13 for every $1 pensioners contribute to Greenville Police Pension Fund

Budget 13

Taxpayers contributed 80.5 percent of the $272,806 the Greenville Police Pension Fund brought in last year, or $4.13 for every $1 from pension members, according to a South Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Greenville contributed $219,647 to the fund, which saw a $71,460 increase in revenue over 2015. Members contributed $53,160, or 19.5 percent, in 2016.

Greenville Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$132,158$134,935$168,461$149,096$219,64766.2%
Pension members$48,147$49,418$46,870$52,249$53,16010.4%
Other Revenue$15,430$0$0$1-$-1-100%
Total$195,735$184,353$215,331$201,346$272,80639.4%

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