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East Central Reporter

Saturday, November 23, 2024

Analysis: Robinson pays $3.39 for every $1 pensioners contribute to Robinson Police Pension Fund

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Taxpayers contributed 77.2 percent of the $361,960 the Robinson Police Pension Fund brought in 2018, or $3.39 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 $279,585 to the fund, which saw a $3,692 increase in revenue over 2017. Members contributed $82,268, or 22.7 percent, in 2018. Another $107 came from other unspecified sources.

Robinson Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$250,863$267,466$287,276$288,808$279,58511.4%
Pension members$62,605$270,241$65,734$69,367$82,26831.4%
Other Revenue$74$67$89$93$10744.6%
Total$313,542$537,774$353,099$358,268$361,96015.4%

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