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South Central Reporter

Saturday, May 18, 2024

Analysis: Taylorville pays $4.02 for every $1 pensioners contribute to Taylorville Firefighters Pension Fund

Budget 04

Taxpayers contributed 80.1 percent of the $386,878 the Taylorville Firefighters Pension Fund brought in last year, or $4.02 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, Taylorville contributed $309,910 to the fund, which saw a $37,750 decrease in revenue over 2015. Members contributed $76,917, or 19.9 percent, in 2016. Another $51 came from other unspecified sources.

Taylorville Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$239,689$242,612$249,333$343,150$309,91029.3%
Pension members$70,289$70,536$73,154$79,536$76,9179.4%
Other Revenue$7,858$167$117$1,942$51-99.4%
Total$317,836$313,315$322,604$424,628$386,87821.7%

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