Quincy Reporter

Quincy Reporter

Sunday, April 5, 2020

Analysis: Quincy pays $6.58 for every $1 pensioners contribute to Tri-Township Fpd Firefighters Pension Fund

Local Government

By Local Labs News Service | May 17, 2018

Budget007

Taxpayers contributed 86.8 percent of the $302,625 the Tri-Township Fpd Firefighters Pension Fund brought in last year, or $6.58 for every $1 from pension members, according to a Quincy Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Quincy contributed $262,735 to the fund, which saw a $16,061 increase in revenue over 2015. Members contributed $39,891, or 13.2 percent, in 2016.

Tri-Township Fpd Firefighters Pension Fund revenue over 5 years
2012
2013
2014
2015
2016
Change 2012-2016
Municipality
$166,438
$178,411
$176,009
$245,738
$262,735
57.9%
Pension members
$33,940
$34,762
$39,728
$40,826
$39,891
17.5%
Other Revenue
$0
$0
$10
$0
-$-1
-
Total
$200,378
$213,173
$215,747
$286,564
$302,625
51%

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Organizations in this Story

Tri-Township Fire Department Firefighters Pension Fund

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