Analysis: Herrin pays $6.80 for every $1 pensioners contribute to Herrin Firefighters Pension Fund

By Carbondale Reporter

Jul 7, 2020

Taxpayers contributed 87.2 percent of the $825,860 the Herrin Firefighters Pension Fund brought in 2018, or $6.80 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, Herrin contributed $720,013 to the fund, which saw a $128,466 increase in revenue over 2017. Members contributed $105,797, or 12.8 percent, in 2018. Another $50 came from other unspecified sources.

Herrin Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$775,875	$514,500	$600,500	$600,000	$720,013	-7.2%
Pension members	$99,047	$94,085	$98,776	$97,394	$105,797	6.8%
Other Revenue	$0	$1	$0	$0	$50	-
Total	$874,922	$608,586	$699,276	$697,394	$825,860	-5.6%