Analysis: Marion pays $4.50 for every $1 pensioners contribute to Marion Firefighters Pension Fund

By Carbondale Reporter

Jul 10, 2020

Taxpayers contributed 81.8 percent of the $801,888 the Marion Firefighters Pension Fund brought in 2018, or $4.50 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 $656,121 to the fund, which saw a $109,113 increase in revenue over 2017. Members contributed $145,684, or 18.2 percent, in 2018. Another $83 came from other unspecified sources.

Marion Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$421,500	$425,800	$493,200	$550,277	$656,121	55.7%
Pension members	$135,692	$133,500	$139,192	$142,499	$145,684	7.4%
Other Revenue	$0	$1	$0	-$-1	$83	-
Total	$557,192	$559,301	$632,392	$692,775	$801,888	43.9%