Quantcast

Macon Reporter

Friday, November 22, 2024

Analysis: Decatur pays $6.19 for every $1 pensioners contribute to Decatur Firefighters Pension Fund

Budget 02

Taxpayers contributed 86.3 percent of the $6,505,933 the Decatur Firefighters Pension Fund brought in 2018, or $6.19 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 $5,611,626 to the fund, which saw a $514,822 increase in revenue over 2017. Members contributed $905,768, or 13.9 percent, in 2018.

Decatur Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$4,232,824$4,265,438$5,023,785$5,143,349$5,611,62632.6%
Pension members$809,470$847,728$833,972$854,500$905,76811.9%
Other Revenue-$38,000$14,960$119,402-$6,738-$11,46169.8%
Total$5,004,294$5,128,126$5,977,159$5,991,111$6,505,93330%

MORE NEWS