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Macon Reporter

Friday, November 22, 2024

Analysis: Clinton pays $2.37 for every $1 pensioners contribute to Clinton Police Pension Fund

Budget 02

Taxpayers contributed 70.3 percent of the $234,918 the Clinton Police Pension Fund brought in last year, or $2.37 for every $1 from pension members, according to a Macon Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Clinton contributed $165,233 to the fund, which saw a $4,384 increase in revenue over 2015. Members contributed $69,685, or 29.7 percent, in 2016.

Clinton Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$117,932$117,216$140,918$161,637$165,23340.1%
Pension members$64,918$67,307$68,223$68,897$69,6857.3%
Other Revenue$0$1$0$0$0-
Total$182,850$184,524$209,141$230,534$234,91828.5%

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