Analysis: Danville pays $8.89 for every $1 pensioners contribute to Danville Firefighters Pension Fund

By Local Labs News Service

May 18, 2018

Taxpayers contributed 89.9 percent of the $2,773,331 the Danville Firefighters Pension Fund brought in last year, or $8.89 for every $1 from pension members, according to a Chambana Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Danville contributed $2,492,985 to the fund, which saw a $65,923 increase in revenue over 2015. Members contributed $280,346, or 10.1 percent, in 2016.

Danville Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$1,949,780	$1,910,183	$2,033,401	$2,397,804	$2,492,985	27.9%
Pension members	$303,193	$296,363	$332,081	$309,604	$280,346	-7.5%
Other Revenue	$208	$10	$0	$0	$0	-100%
Total	$2,253,181	$2,206,556	$2,365,482	$2,707,408	$2,773,331	23.1%