Quantcast

West Central Reporter

Monday, December 23, 2024

West Central Illinois pension funds: Where do taxpayers contribute most?

Budget 04

Government pension funds in Jacksonville, Macomb and Beardstown depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

West Central Illinois pension funds with biggest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Jacksonville Police Pension Fund
Jacksonville
Morgan County
$1,290,901
$1,036,499
2
Jacksonville Firefighters Pension Fund
Jacksonville
Morgan County
$895,655
$734,886
3
Macomb Police Pension Fund
Macomb
McDonough County
$670,247
$507,833
4
Macomb Firefighters Pension Fund
Macomb
McDonough County
$618,416
$499,923
5
Beardstown Police Pension Fund
Beardstown
Cass County
$185,305
$161,919
6
Beardstown Firefighters Pension Fund
Beardstown
Cass County
$98,984
$84,453

MORE NEWS