Analysis: Champaign pays $4.47 for every $1 pensioners contribute to Champaign Firefighters Pension Fund

By Chambana Sun

Jul 4, 2020

Taxpayers contributed 81.7 percent of the $4,844,029 the Champaign Firefighters Pension Fund brought in 2018, or $4.47 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, Champaign contributed $3,958,950 to the fund, which saw a $459,012 increase in revenue over 2017. Members contributed $884,668, or 18.3 percent, in 2018. Another $411 came from other unspecified sources.

Champaign Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$3,842,882	$3,362,615	$3,364,504	$3,573,094	$3,958,950	3%
Pension members	$696,369	$694,767	$744,085	$811,922	$884,668	27%
Other Revenue	$305	$678	$0	$1	$411	34.8%
Total	$4,539,556	$4,058,060	$4,108,589	$4,385,017	$4,844,029	6.7%