Analysis: Moline pays $10.54 for every $1 pensioners contribute to Moline Firefighters Pension Fund

By Rock Island Today Reports

May 23, 2018

Taxpayers contributed 91.3 percent of the $5,007,903 the Moline Firefighters Pension Fund brought in last year, or $10.54 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 $4,574,093 to the fund, which saw a $975,409 increase in revenue over 2015. Members contributed $433,785, or 8.7 percent, in 2016. Another $25 came from other unspecified sources.

Moline Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$3,024,688	$3,657,429	$3,489,864	$3,482,362	$4,574,093	51.2%
Pension members	$430,686	$437,911	$412,364	$473,457	$433,785	0.7%
Other Revenue	$50	$0	$0	$76,675	$25	-50%
Total	$3,455,424	$4,095,340	$3,902,228	$4,032,494	$5,007,903	44.9%