Analysis: Mattoon pays $9.13 for every $1 pensioners contribute to Mattoon Firefighters Pension Fund

By East Central Reporter Reports

Jul 8, 2020

Taxpayers contributed 90.1 percent of the $2,029,600 the Mattoon Firefighters Pension Fund brought in 2018, or $9.13 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, Mattoon contributed $1,829,282 to the fund, which saw a $291,894 increase in revenue over 2017. Members contributed $200,317, or 9.9 percent, in 2018. Another $1 came from other unspecified sources.

Mattoon Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,398,877	$1,356,510	$1,367,692	$1,533,379	$1,829,282	30.8%
Pension members	$198,792	$202,721	$202,743	$204,327	$200,317	0.8%
Other Revenue	$0	$1	$0	$0	$1	-
Total	$1,597,669	$1,559,232	$1,570,435	$1,737,706	$2,029,600	27%