Analysis: Carterville pays $2.65 for every $1 pensioners contribute to Carterville Police Pension Fund

By Carbondale Reporter

Jul 6, 2020

Taxpayers contributed 72.7 percent of the $130,753 the Carterville Police Pension Fund brought in 2018, or $2.65 for every $1 from pension members, according to a Carbondale Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Carterville contributed $95,000 to the fund, which saw a $4,861 increase in revenue over 2017. Members contributed $35,754, or 27.3 percent, in 2018.

Carterville Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$64,434	$81,333	$95,241	$90,000	$95,000	47.4%
Pension members	$34,958	$34,560	$31,604	$35,892	$35,754	2.3%
Other Revenue	$0	-$-1	$0	$0	-$-1	-
Total	$99,392	$115,892	$126,845	$125,892	$130,753	31.6%