Analysis: Moline pays $2.02 for every $1 pensioners contribute to East Moline Firefighters Pension Fund

By Rock Island Today Reports

May 16, 2018

Taxpayers contributed 66.9 percent of the $728,875 the East Moline Firefighters Pension Fund brought in last year, or $2.02 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 $487,530 to the fund, which saw a $143,395 decrease in revenue over 2015. Members contributed $241,344, or 33.1 percent, in 2016. Another $1 came from other unspecified sources.

East Moline Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$535,376	$567,522	$679,363	$634,464	$487,530	-8.9%
Pension members	$207,088	$148,555	$242,314	$237,806	$241,344	16.5%
Other Revenue	-$-1	$0	$0	$0	$1	200%
Total	$742,463	$716,077	$921,677	$872,270	$728,875	-1.8%