Analysis: Jacksonville pays $4.66 for every $1 pensioners contribute to Jacksonville Firefighters Pension Fund

By West Central Reporter

Jul 4, 2020

Taxpayers contributed 82.3 percent of the $993,295 the Jacksonville Firefighters Pension Fund brought in 2018, or $4.66 for every $1 from pension members, according to a West Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Jacksonville contributed $817,667 to the fund, which saw a $41,892 increase in revenue over 2017. Members contributed $175,231, or 17.6 percent, in 2018. Another $397 came from other unspecified sources.

Jacksonville Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$675,602	$670,821	$734,886	$785,197	$817,667	21%
Pension members	$150,554	$151,687	$160,349	$165,409	$175,231	16.4%
Other Revenue	$0	$0	$420	$797	$397	-
Total	$826,156	$822,508	$895,655	$951,403	$993,295	20.2%