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Carbondale Reporter

Friday, November 22, 2024

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

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
20122013201420152016Change 2012-2016
Municipality$384,670$387,400$421,500$425,800$493,20028.2%
Pension members$119,270$124,574$135,692$133,500$139,19216.7%
Other Revenue$0-$-1$0$1$0-
Total$503,940$511,973$557,192$559,301$632,39225.5%

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