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Southern Illinois News

Friday, November 22, 2024

Analysis: Anna pays $5.91 for every $1 pensioners contribute to Anna Police Pension Fund

Budget 11

Taxpayers contributed 85.5 percent of the $240,844 the Anna Police Pension Fund brought in last year, or $5.91 for every $1 from pension members, according to a Southern Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Anna contributed $206,009 to the fund, which saw a $2,435 increase in revenue over 2015. Members contributed $34,835, or 14.5 percent, in 2016.

Anna Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$130,234$152,586$224,945$208,040$206,00958.2%
Pension members$32,371$32,660$25,280$30,368$34,8357.6%
Other Revenue$0$0$0$1$0-
Total$162,605$185,246$250,225$238,409$240,84448.1%

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