Analysis: Murphysboro pays $6.55 for every $1 pensioners contribute to Murphysboro Firefighters Pension Fund

By Carbondale Reporter

Jul 12, 2020

Taxpayers contributed 86.8 percent of the $392,995 the Murphysboro Firefighters Pension Fund brought in 2018, or $6.55 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 $340,975 to the fund, which saw a $43,391 increase in revenue over 2017. Members contributed $52,021, or 13.2 percent, in 2018.

Murphysboro Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$273,766	$299,945	$318,579	$299,363	$340,975	24.5%
Pension members	$52,124	$100,497	$52,269	$50,242	$52,021	-0.2%
Other Revenue	$3,999	$0	$1	-$-1	-$-1	-100%
Total	$329,889	$400,442	$370,849	$349,604	$392,995	19.1%