Analysis: Shelbyville pays $4.84 for every $1 pensioners contribute to Shelbyville FPD Firefighters Pension Fund

By East Central Reporter Reports

Jul 16, 2020

Taxpayers contributed 82.9 percent of the $91,719 the Shelbyville FPD Firefighters Pension Fund brought in 2018, or $4.84 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, Shelbyville contributed $76,030 to the fund, which saw a $1,714 increase in revenue over 2017. Members contributed $15,689, or 17.1 percent, in 2018.

Shelbyville FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$61,443	$61,735	$62,315	$74,773	$76,030	23.7%
Pension members	$14,216	$14,499	$14,765	$15,232	$15,689	10.4%
Other Revenue	$413	-$-1	$0	$0	$0	-100%
Total	$76,072	$76,233	$77,080	$90,005	$91,719	20.6%