Analysis: Centralia pays $5.01 for every $1 pensioners contribute to Centralia Police Pension Fund

By South Central Reporter

Jul 5, 2020

Taxpayers contributed 83.4 percent of the $880,402 the Centralia Police Pension Fund brought in 2018, or $5.01 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, Centralia contributed $734,032 to the fund, which saw a $18,082 decrease in revenue over 2017. Members contributed $146,370, or 16.6 percent, in 2018.

Centralia Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$633,469	$638,167	$700,700	$751,128	$734,032	15.9%
Pension members	$125,545	$125,151	$136,419	$147,356	$146,370	16.6%
Other Revenue	$1	-$-1	-$-1	$0	$0	-100%
Total	$759,015	$763,317	$837,118	$898,484	$880,402	16%