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Macon Reporter

Friday, November 22, 2024

Analysis: Clinton pays $8.48 for every $1 pensioners contribute to Clinton Firefighters Pension Fund

Budget 08

Taxpayers contributed 89.5 percent of the $160,014 the Clinton Firefighters Pension Fund brought in 2018, or $8.48 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, Clinton contributed $143,146 to the fund, which saw a $30,076 increase in revenue over 2017. Members contributed $16,867, or 10.5 percent, in 2018. Another $1 came from other unspecified sources.

Clinton Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$91,540$91,219$96,859$113,454$143,14656.4%
Pension members$14,138$15,017$15,655$16,484$16,86719.3%
Other Revenue$0$0$0$0$1-
Total$105,678$106,236$112,514$129,938$160,01451.4%

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