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

By Local Labs News Service

May 28, 2018

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

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$239,689	$242,612	$249,333	$343,150	$309,910	29.3%
Pension members	$70,289	$70,536	$73,154	$79,536	$76,917	9.4%
Other Revenue	$7,858	$167	$117	$1,942	$51	-99.4%
Total	$317,836	$313,315	$322,604	$424,628	$386,878	21.7%