Analysis: Paris pays $6.82 for every $1 pensioners contribute to Paris Firefighters Pension Fund

By East Central Reporter Reports

Jul 12, 2020

Taxpayers contributed 84.4 percent of the $551,718 the Paris Firefighters Pension Fund brought in 2018, or $6.82 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 $465,498 to the fund, which saw a $64,523 increase in revenue over 2017. Members contributed $68,191, or 12.4 percent, in 2018. Another $18,029 came from other unspecified sources.

Paris Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$341,743	$342,015	$388,311	$419,489	$465,498	36.2%
Pension members	$61,637	$64,681	$67,103	$67,706	$68,191	10.6%
Other Revenue	$0	-$-1	$0	$0	$18,029	-
Total	$403,380	$406,695	$455,414	$487,195	$551,718	36.8%