Analysis: Carlinville pays $5.34 for every $1 pensioners contribute to Carlinville Police Pension Fund

By South Central Reporter

Jul 2, 2020

Taxpayers contributed 84.3 percent of the $423,658 the Carlinville Police Pension Fund brought in 2018, or $5.34 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, Carlinville contributed $356,939 to the fund, which saw a $110,962 increase in revenue over 2017. Members contributed $66,720, or 15.7 percent, in 2018.

Carlinville Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$219,898	$277,675	$185,762	$252,126	$356,939	62.3%
Pension members	$50,502	$56,449	$57,559	$60,570	$66,720	32.1%
Other Revenue	$0	$0	$1	$0	-$-1	-
Total	$270,400	$334,124	$243,322	$312,696	$423,658	56.7%