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East Central Reporter

Saturday, November 23, 2024

Analysis: Robinson pays $4.37 for every $1 pensioners contribute to Robinson Police Pension Fund

Budget 01

Taxpayers contributed 81.4 percent of the $353,099 the Robinson Police Pension Fund brought in last year, or $4.37 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, Robinson contributed $287,276 to the fund, which saw a $184,675 decrease in revenue over 2015. Members contributed $65,734, or 18.6 percent, in 2016. Another $89 came from other unspecified sources.

Robinson Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$182,438$210,371$250,863$267,466$287,27657.5%
Pension members$61,643$61,427$62,605$270,241$65,7346.6%
Other Revenue$66$67$74$67$8934.8%
Total$244,147$271,865$313,542$537,774$353,09944.6%

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