Analysis: Marion pays $5.21 for every $1 pensioners contribute to Lake Egypt Fpd Firefighters Pension Fund

By Local Labs News Service

May 22, 2018

Taxpayers contributed 83.9 percent of the $200,972 the Lake Egypt Fpd Firefighters Pension Fund brought in last year, or $5.21 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, Marion contributed $168,628 to the fund, which saw a $5,195 increase in revenue over 2015. Members contributed $32,343, or 16.1 percent, in 2016. Another $1 came from other unspecified sources.

Lake Egypt Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$46,857	$57,993	$206,002	$164,670	$168,628	259.9%
Pension members	$30,208	$31,334	$30,428	$31,107	$32,343	7.1%
Other Revenue	$0	-$-1	-$-1	$0	$1	-
Total	$77,065	$89,326	$236,429	$195,777	$200,972	160.8%