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East Central Reporter

Saturday, November 23, 2024

Analysis: Paris pays $5.78 for every $1 pensioners contribute to Paris Firefighters Pension Fund

Budget06

Taxpayers contributed 85.3 percent of the $455,414 the Paris Firefighters Pension Fund brought in last year, or $5.78 for every $1 from pension members, according to a East Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Paris contributed $388,311 to the fund, which saw a $48,719 increase in revenue over 2015. Members contributed $67,103, or 14.7 percent, in 2016.

Paris Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$365,749$386,022$341,743$342,015$388,3116.2%
Pension members$60,133$59,696$61,637$64,681$67,10311.6%
Other Revenue$1$0$0-$-1$0-100%
Total$425,883$445,718$403,380$406,695$455,4146.9%

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