Carbondale Reporter

Carbondale Reporter

Monday, December 9, 2019

Analysis: Marion pays $3.54 for every $1 pensioners contribute to Marion Firefighters Pension Fund

Local Government

By Local Labs News Service | May 23, 2018

Budget 06

Taxpayers contributed 78 percent of the $632,392 the Marion Firefighters Pension Fund brought in last year, or $3.54 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 $493,200 to the fund, which saw a $73,091 increase in revenue over 2015. Members contributed $139,192, or 22 percent, in 2016.

Marion Firefighters Pension Fund revenue over 5 years
2012
2013
2014
2015
2016
Change 2012-2016
Municipality
$384,670
$387,400
$421,500
$425,800
$493,200
28.2%
Pension members
$119,270
$124,574
$135,692
$133,500
$139,192
16.7%
Other Revenue
$0
-$-1
$0
$1
$0
-
Total
$503,940
$511,973
$557,192
$559,301
$632,392
25.5%

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Organizations in this Story

Marion Firefighters Pension Fund

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