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Carbondale Reporter

Friday, November 22, 2024

Analysis: Carbondale pays $4.71 for every $1 pensioners contribute to Carbondale Township Firefighters Pension Fund

Budget 04

Taxpayers contributed 82.5 percent of the $59,401 the Carbondale Township Firefighters Pension Fund brought in last year, or $4.71 for every $1 from pension members, according to a Carbondale Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Carbondale contributed $49,000 to the fund, which saw a $45,297 decrease in revenue over 2015. Members contributed $10,401, or 17.5 percent, in 2016.

Carbondale Township Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$35,000$20,000$45,000$48,000$49,00040%
Pension members$9,547$9,851$9,713$56,697$10,4018.9%
Other Revenue$0$0$0$1$0-
Total$44,547$29,851$54,713$104,698$59,40133.3%

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