Analysis: Centralia pays $5.46 for every $1 pensioners contribute to Centralia FPD Firefighters Pension Fund

By South Central Reporter

Jul 4, 2020

Taxpayers contributed 84.5 percent of the $29,924 the Centralia FPD Firefighters Pension Fund brought in 2018, or $5.46 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 $25,292 to the fund, which saw a $2,971 increase in revenue over 2017. Members contributed $4,632, or 15.5 percent, in 2018.

Centralia FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$0	$11,142	$9,630	$22,455	$25,292	-
Pension members	$4,116	$4,239	$4,366	$4,497	$4,632	12.5%
Other Revenue	$0	$0	$0	$1	$0	-
Total	$4,116	$15,381	$13,996	$26,953	$29,924	627%