Analysis: Salem pays $4.61 for every $1 pensioners contribute to Salem Fpd Firefighters Pension Fund

By Local Labs News Service

May 25, 2018

Taxpayers contributed 82.2 percent of the $112,518 the Salem Fpd Firefighters Pension Fund brought in last year, or $4.61 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, Salem contributed $92,481 to the fund, which saw a $10,025 increase in revenue over 2015. Members contributed $20,037, or 17.8 percent, in 2016.

Salem Fpd Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$80,285	$84,683	$92,437	$82,915	$92,481	15.2%
Pension members	$18,080	$18,620	$19,105	$19,578	$20,037	10.8%
Other Revenue	$0	$1	$0	$0	$0	-
Total	$98,365	$103,304	$111,542	$102,493	$112,518	14.4%