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Monday, November 4, 2024

Greater C-U pension funds: Where do taxpayers contribute least?

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Government pension funds in Hoopeston, Mahomet and Monticello depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

Greater C-U pension funds with smallest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Hoopeston Police Pension Fund
Hoopeston
Vermilion County
$183,663
$136,043
2
Mahomet Police Pension Fund
Mahomet
Champaign County
$183,618
$144,627
3
Monticello Police Pension Fund
Monticello
Piatt County
$218,221
$191,159
4
Rantoul Police Pension Fund
Rantoul
Champaign County
$900,623
$683,547
5
Urbana Firefighters Pension Fund
Urbana
Champaign County
$1,441,465
$1,038,747
6
Urbana Police Pension Fund
Urbana
Champaign County
$1,840,949
$1,396,844
7
Danville Police Pension Fund
Danville
Vermilion County
$2,353,013
$1,930,255
8
Danville Firefighters Pension Fund
Danville
Vermilion County
$2,773,331
$2,492,985
9
Champaign Firefighters Pension Fund
Champaign
Champaign County
$4,108,589
$3,364,504
10
Champaign Police Pension Fund
Champaign
Champaign County
$6,502,219
$5,455,503

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