Analysis: Murphysboro pays $5.43 for every $1 pensioners contribute to Murphysboro Police Pension Fund

By Carbondale Reporter

Jul 13, 2020

Taxpayers contributed 84.5 percent of the $549,087 the Murphysboro Police Pension Fund brought in 2018, or $5.43 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, Murphysboro contributed $463,813 to the fund, which saw a $94,996 increase in revenue over 2017. Members contributed $85,274, or 15.5 percent, in 2018.

Murphysboro Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$360,524	$302,869	$330,233	$377,476	$463,813	28.6%
Pension members	$68,419	$68,899	$113,331	$76,614	$85,274	24.6%
Other Revenue	$2,486	$0	$0	$1	$0	-100%
Total	$431,429	$371,768	$443,564	$454,091	$549,087	27.3%