Analysis: Moline pays $6.39 for every $1 pensioners contribute to Moline Police Pension Fund

By Rock Island Today Reports

May 24, 2018

Taxpayers contributed 86.5 percent of the $4,325,676 the Moline Police Pension Fund brought in last year, or $6.39 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 $3,740,468 to the fund, which saw a $200,408 increase in revenue over 2015. Members contributed $585,208, or 13.5 percent, in 2016.

Moline Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$3,075,320	$3,355,739	$3,124,517	$3,523,625	$3,740,468	21.6%
Pension members	$563,649	$552,777	$611,755	$601,643	$585,208	3.8%
Other Revenue	$12,000	$0	$0	$0	$0	-100%
Total	$3,650,969	$3,908,516	$3,736,272	$4,125,268	$4,325,676	18.5%