Analysis: Taylorville pays $4.54 for every $1 pensioners contribute to Taylorville Firefighters Pension Fund

By South Central Reporter

Jul 15, 2020

Taxpayers contributed 82 percent of the $415,512 the Taylorville Firefighters Pension Fund brought in 2018, or $4.54 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 $340,587 to the fund, which saw a $12,427 increase in revenue over 2017. Members contributed $74,872, or 18 percent, in 2018. Another $53 came from other unspecified sources.

Taylorville Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$249,333	$343,150	$309,910	$324,564	$340,587	36.6%
Pension members	$73,154	$79,536	$76,917	$78,980	$74,872	2.3%
Other Revenue	$117	$1,942	$51	-$459	$53	-54.7%
Total	$322,604	$424,628	$386,878	$403,085	$415,512	28.8%