Analysis: Carbondale pays $5.33 for every $1 pensioners contribute to Carbondale Township Firefighters Pension Fund

By Carbondale Reporter

Jul 4, 2020

Taxpayers contributed 84.2 percent of the $71,250 the Carbondale Township Firefighters Pension Fund brought in 2018, or $5.33 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, Carbondale contributed $60,000 to the fund, which saw a $910 increase in revenue over 2017. Members contributed $11,250, or 15.8 percent, in 2018.

Carbondale Township Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$45,000	$48,000	$49,000	$60,000	$60,000	33.3%
Pension members	$9,713	$56,697	$10,401	$10,340	$11,250	15.8%
Other Revenue	$0	$1	$0	$0	$0	-
Total	$54,713	$104,698	$59,401	$70,340	$71,250	30.2%