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South Central Reporter

Saturday, May 18, 2024

Analysis: Greenville pays $4.16 for every $1 pensioners contribute to Greenville Police Pension Fund

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Taxpayers contributed 80.6 percent of the $271,979 the Greenville Police Pension Fund brought in 2018, or $4.16 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 $219,308 to the fund, which saw a $9,003 increase in revenue over 2017. Members contributed $52,671, or 19.4 percent, in 2018.

Greenville Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$168,461$149,096$219,647$207,321$219,30830.2%
Pension members$46,870$52,249$53,160$55,655$52,67112.4%
Other Revenue$0$1-$-1$0$0-
Total$215,331$201,346$272,806$262,976$271,97926.3%

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