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SE Illinois News

Tuesday, November 5, 2024

Analysis: Harrisburg pays $5.06 for every $1 pensioners contribute to Harrisburg Firefighters Pension Fund

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Taxpayers contributed 83.5 percent of the $219,556 the Harrisburg Firefighters Pension Fund brought in last year, or $5.06 for every $1 from pension members, according to a SE Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Harrisburg contributed $183,342 to the fund, which saw a $44,292 decrease in revenue over 2015. Members contributed $36,214, or 16.5 percent, in 2016.

Harrisburg Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$119,336$178,646$230,083$220,512$183,34253.6%
Pension members$35,125$39,926$41,787$43,336$36,2143.1%
Other Revenue$0$0$0$0$0-
Total$154,461$218,572$271,870$263,848$219,55642.1%

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