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Monday, December 23, 2024

Analysis: Anna pays $7.29 for every $1 pensioners contribute to Anna Police Pension Fund

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Taxpayers contributed 87.9 percent of the $293,743 the Anna Police Pension Fund brought in 2018, or $7.29 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 $258,330 to the fund, which saw a $10,161 increase in revenue over 2017. Members contributed $35,413, or 12.1 percent, in 2018.

Anna Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$224,945$208,040$206,009$248,864$258,33014.8%
Pension members$25,280$30,368$34,835$34,718$35,41340.1%
Other Revenue$0$1$0$0$0-
Total$250,225$238,409$240,844$283,582$293,74317.4%

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