Analysis: Mattoon pays $5.54 for every $1 pensioners contribute to Mattoon Police Pension Fund

By East Central Reporter Reports

May 22, 2018

Taxpayers contributed 85.7 percent of the $1,637,120 the Mattoon Police Pension Fund brought in last year, or $5.54 for every $1 from pension members, according to a East Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Mattoon contributed $1,403,050 to the fund, which saw a $7,636 increase in revenue over 2015. Members contributed $253,098, or 15.5 percent, in 2016.

Mattoon Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,235,813	$1,158,973	$1,372,591	$1,401,503	$1,403,050	13.5%
Pension members	$211,661	$221,798	$227,576	$227,982	$253,098	19.6%
Other Revenue	$1	-$189,041	-$27,649	-$-1	-$19,028	-1902900%
Total	$1,447,475	$1,191,730	$1,572,518	$1,629,484	$1,637,120	13.1%