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Thursday, November 21, 2024

Quad Cities pension funds: Where do taxpayers contribute least?

Budget 10

Government pension funds in Silvis, Colona and Geneseo depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

Quad Cities pension funds with smallest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Silvis Firefighters Pension Fund
Silvis
Rock Island County
$38,037
$30,924
2
Colona Police Pension Fund
Colona
Henry County
$193,585
$139,874
3
Geneseo Police Pension Fund
Geneseo
Henry County
$382,281
$269,577
4
Milan Police Pension Fund
Milan
Rock Island County
$387,649
$291,676
5
Kewanee Firefighters Pension Fund
Kewanee
Henry County
$445,902
$315,307
6
Kewanee Police Pension Fund
Kewanee
Henry County
$466,691
$339,843
7
Silvis Police Pension Fund
Silvis
Rock Island County
$442,579
$347,125
8
East Moline Firefighters Pension Fund
Moline
Rock Island County
$728,875
$487,530
9
East Moline Police Pension Fund
Moline
Rock Island County
$962,435
$704,267
10
Rock Island Firefighters Pension Fund
Rock Island
Rock Island County
$3,233,056
$2,803,551

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