Analysis: Centralia pays $5.41 for every $1 pensioners contribute to Centralia Firefighters Pension Fund

By South Central Reporter

Jul 3, 2020

Taxpayers contributed 84.4 percent of the $616,187 the Centralia Firefighters Pension Fund brought in 2018, or $5.41 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 $520,073 to the fund, which saw a $15,388 decrease in revenue over 2017. Members contributed $96,114, or 15.6 percent, in 2018.

Centralia Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$472,702	$470,933	$520,952	$539,657	$520,073	10%
Pension members	$94,599	$98,752	$101,555	$91,918	$96,114	1.6%
Other Revenue	$0	$1	$1	$0	$0	-
Total	$567,301	$569,686	$622,508	$631,575	$616,187	8.6%