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East Central Reporter

Tuesday, November 5, 2024

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

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Government pension funds in Mattoon, Charleston and Effingham 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?

East Central Illinois pension funds with biggest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Mattoon Police Pension Fund
Mattoon
Coles County
$1,637,120
$1,403,050
2
Mattoon Firefighters Pension Fund
Mattoon
Coles County
$1,570,435
$1,367,692
3
Charleston Firefighters Pension Fund
Charleston
Coles County
$1,039,887
$853,070
4
Charleston Police Pension Fund
Charleston
Coles County
$965,421
$730,357
5
Effingham Police Pension Fund
Effingham
Effingham County
$764,415
$618,018
6
Effingham Firefighters Pension Fund
Effingham
Effingham County
$657,960
$550,492
7
Olney Police Pension Fund
Olney
Richland County
$528,590
$464,954
8
Paris Firefighters Pension Fund
Paris
Edgar County
$455,414
$388,311
9
Paris Police Pension Fund
Paris
Edgar County
$442,854
$353,678
10
Robinson Police Pension Fund
Robinson
Crawford County
$353,099
$287,276

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