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South Central Reporter

Tuesday, November 5, 2024

Analysis: Centralia pays $2.20 for every $1 pensioners contribute to Centralia Fpd Firefighters Pension Fund

Budget 07

Taxpayers contributed 68.8 percent of the $13,996 the Centralia Fpd Firefighters Pension Fund brought in last year, or $2.20 for every $1 from pension members, according to a South Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Centralia contributed $9,630 to the fund, which saw a $1,385 decrease in revenue over 2015. Members contributed $4,366, or 31.2 percent, in 2016.

Centralia Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$3,552$3,183$0$11,142$9,630171.1%
Pension members$0$679$4,116$4,239$4,366-
Other Revenue-$-1$0$0$0$0100%
Total$3,551$3,862$4,116$15,381$13,996294.1%

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