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Sangamon Sun

Monday, December 23, 2024

Analysis: Lincoln pays $1.86 for every $1 pensioners contribute to Lincoln Rural Fpd Firefighters Pension Fund

Budget 13

Taxpayers contributed 65.1 percent of the $73,553 the Lincoln Rural Fpd Firefighters Pension Fund brought in last year, or $1.86 for every $1 from pension members, according to a Sangamon Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Lincoln contributed $47,891 to the fund, which saw a $97 increase in revenue over 2015. Members contributed $25,662, or 34.9 percent, in 2016.

Lincoln Rural Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$49,206$49,210$49,514$48,558$47,891-2.7%
Pension members$22,970$23,118$25,440$24,898$25,66211.7%
Other Revenue$0$24$1$0$0-
Total$72,176$72,352$74,955$73,456$73,5531.9%

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