Quantcast

Metro East Sun

Thursday, May 16, 2024

Analysis: Maryville pays $4.80 for every $1 pensioners contribute to Maryville Firefighter's Pension Fund

Adobestock 314993732

Taxpayers contributed 82.8 percent of the $120,109 the Maryville Firefighter's Pension Fund brought in 2018, or $4.80 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 $99,405 to the fund, which saw a $2,694 increase in revenue over 2017. Members contributed $20,704, or 17.2 percent, in 2018.

Maryville Firefighter's Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$64,892$87,164$95,265$97,703$99,40553.2%
Pension members$17,620$18,741$19,638$19,712$20,70417.5%
Other Revenue$329-$-1$0$0$0-100%
Total$82,841$105,904$114,903$117,415$120,10945%

MORE NEWS