Analysis: Danville pays $9.92 for every $1 pensioners contribute to Danville Firefighters Pension Fund

By Chambana Sun

Jul 6, 2020

Taxpayers contributed 90.8 percent of the $3,606,327 the Danville Firefighters Pension Fund brought in 2018, or $9.92 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 $3,276,154 to the fund, which saw a $597,431 increase in revenue over 2017. Members contributed $330,173, or 9.2 percent, in 2018.

Danville Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,033,401	$2,397,804	$2,492,985	$2,729,598	$3,276,154	61.1%
Pension members	$332,081	$309,604	$280,346	$279,298	$330,173	-0.6%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$2,365,482	$2,707,408	$2,773,331	$3,008,896	$3,606,327	52.5%