Analysis: Mt Zion pays $5.50 for every $1 pensioners contribute to Mount Zion FPD Firefighters Pension Fund

By Macon Reporter

Jul 7, 2020

Taxpayers contributed 84.6 percent of the $89,663 the Mount Zion FPD Firefighters Pension Fund brought in 2018, or $5.50 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 $75,876 to the fund, which saw a $33,180 increase in revenue over 2017. Members contributed $13,786, or 15.4 percent, in 2018. Another $1 came from other unspecified sources.

Mount Zion FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$26,945	$28,507	$30,896	$44,333	$75,876	181.6%
Pension members	$11,594	$12,433	$13,134	$12,150	$13,786	18.9%
Other Revenue	$0	$0	$0	$0	$1	-
Total	$38,539	$40,940	$44,030	$56,483	$89,663	132.7%