Analysis: Moline pays $4.35 for every $1 pensioners contribute to East Moline Police Pension Fund

By Rock Island Today Reports

Jul 4, 2020

Taxpayers contributed 80.4 percent of the $1,420,499 the East Moline Police Pension Fund brought in 2018, or $4.35 for every $1 from pension members, according to a Rock Island Today analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Moline contributed $1,141,908 to the fund, which saw a $198,119 increase in revenue over 2017. Members contributed $262,327, or 18.5 percent, in 2018. Another $16,264 came from other unspecified sources.

East Moline Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$782,786	$897,039	$704,267	$957,699	$1,141,908	45.9%
Pension members	$261,574	$249,771	$253,761	$263,513	$262,327	0.3%
Other Revenue	$16	$15,882	$4,407	$1,168	$16,264	101550%
Total	$1,044,376	$1,162,692	$962,435	$1,222,380	$1,420,499	36%