Analysis: Lincoln pays $6.34 for every $1 pensioners contribute to Lincoln Firefighters Pension Fund

By Sangamon Sun

Jul 4, 2020

Taxpayers contributed 89.1 percent of the $818,015 the Lincoln Firefighters Pension Fund brought in 2018, or $6.34 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 $729,218 to the fund, which saw a $61,632 increase in revenue over 2017. Members contributed $114,955, or 14.1 percent, in 2018.

Lincoln Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$544,415	$616,191	$609,350	$651,568	$729,218	33.9%
Pension members	$100,509	$106,025	$113,615	$120,769	$114,955	14.4%
Other Revenue	$36,694	$2,624	-$814	-$15,954	-$26,158	-171.3%
Total	$681,618	$724,840	$722,151	$756,383	$818,015	20%