Analysis: Marion pays $3.86 for every $1 pensioners contribute to Lake Egypt FPD Firefighters Pension Fund

By Carbondale Reporter

Jul 9, 2020

Taxpayers contributed 79.5 percent of the $168,521 the Lake Egypt FPD Firefighters Pension Fund brought in 2018, or $3.86 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 $133,898 to the fund, which saw a $1,454 increase in revenue over 2017. Members contributed $34,624, or 20.5 percent, in 2018.

Lake Egypt FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$206,002	$164,670	$168,628	$133,807	$133,898	-35%
Pension members	$30,428	$31,107	$32,343	$33,260	$34,624	13.8%
Other Revenue	-$-1	$0	$1	$0	-$-1	0%
Total	$236,429	$195,777	$200,972	$167,067	$168,521	-28.7%