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Metro East Sun

Thursday, November 21, 2024

Analysis: Maryville pays $4.85 for every $1 pensioners contribute to Maryville Firefighter's Pension Fund

Budget 05

Taxpayers contributed 82.9 percent of the $114,903 the Maryville Firefighter's Pension Fund brought in last year, or $4.85 for every $1 from pension members, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Maryville contributed $95,265 to the fund, which saw a $8,999 increase in revenue over 2015. Members contributed $19,638, or 17.1 percent, in 2016.

Maryville Firefighter's Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$44,623$49,855$64,892$87,164$95,265113.5%
Pension members$17,059$17,148$17,620$18,741$19,63815.1%
Other Revenue$0$1$329-$-1$0-
Total$61,682$67,004$82,841$105,904$114,90386.3%

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