Quantcast

Macon Reporter

Friday, November 22, 2024

Analysis: Decatur pays $6.02 for every $1 pensioners contribute to Decatur Firefighters Pension Fund

Budget007

Taxpayers contributed 84 percent of the $5,977,159 the Decatur Firefighters Pension Fund brought in last year, or $6.02 for every $1 from pension members, according to a Macon Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Decatur contributed $5,023,785 to the fund, which saw a $849,033 increase in revenue over 2015. Members contributed $833,972, or 14 percent, in 2016. Another $119,402 came from other unspecified sources.

Decatur Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$3,904,301$3,806,762$4,232,824$4,265,438$5,023,78528.7%
Pension members$790,003$523,930$809,470$847,728$833,9725.6%
Other Revenue$100$0-$38,000$14,960$119,402119302%
Total$4,694,404$4,330,692$5,004,294$5,128,126$5,977,15927.3%

MORE NEWS