Analysis: Marion pays $4.92 for every $1 pensioners contribute to Marion Police Pension Fund

By Carbondale Reporter

Jul 11, 2020

Taxpayers contributed 83.1 percent of the $1,199,857 the Marion Police Pension Fund brought in 2018, or $4.92 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 $997,462 to the fund, which saw a $148,859 increase in revenue over 2017. Members contributed $202,395, or 16.9 percent, in 2018.

Marion Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$592,000	$662,900	$722,600	$850,449	$997,462	68.5%
Pension members	$173,663	$178,949	$180,337	$200,549	$202,395	16.5%
Other Revenue	$0	-$-1	-$-1	$0	$0	-
Total	$765,663	$841,848	$902,936	$1,050,998	$1,199,857	56.7%