Analysis: Du Quoin pays $7.35 for every $1 pensioners contribute to Duquoin Firefighters Pension Fund

By South West Illinois News Reports

Jul 4, 2020

Taxpayers contributed 88 percent of the $341,283 the Duquoin Firefighters Pension Fund brought in 2018, or $7.35 for every $1 from pension members, according to a SW Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Du Quoin contributed $300,445 to the fund, which saw a $4,995 increase in revenue over 2017. Members contributed $40,839, or 12 percent, in 2018.

Duquoin Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$351,482	$300,312	$276,882	$295,409	$300,445	-14.5%
Pension members	$37,127	$40,108	$39,425	$40,880	$40,839	10%
Other Revenue	$0	$0	$0	-$-1	-$-1	-
Total	$388,609	$340,420	$316,307	$336,288	$341,283	-12.2%