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Macon Reporter

Thursday, November 21, 2024

Analysis: Mt Zion pays $2.35 for every $1 pensioners contribute to Mt Zion Fpd Firefighters Pension Fund

Budget04

Taxpayers contributed 70.2 percent of the $44,030 the Mt Zion Fpd Firefighters Pension Fund brought in last year, or $2.35 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, Mt Zion contributed $30,896 to the fund, which saw a $3,090 increase in revenue over 2015. Members contributed $13,134, or 29.8 percent, in 2016.

Mt Zion Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$23,105$24,454$26,945$28,507$30,89633.7%
Pension members$10,095$10,182$11,594$12,433$13,13430.1%
Other Revenue$1$0$0$0$0-100%
Total$33,201$34,636$38,539$40,940$44,03032.6%

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