Analysis: Rock Island pays $6.52 for every $1 pensioners contribute to Rock Island Firefighters Pension Fund

By Rock Island Today Reports

May 25, 2018

Taxpayers contributed 86.7 percent of the $3,233,056 the Rock Island Firefighters Pension Fund brought in last year, or $6.52 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, Rock Island contributed $2,803,551 to the fund, which saw a $140,152 increase in revenue over 2015. Members contributed $429,505, or 13.3 percent, in 2016.

Rock Island Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$2,006,224	$1,978,959	$2,186,165	$2,676,324	$2,803,551	39.7%
Pension members	$347,660	$407,156	$288,706	$416,580	$429,505	23.5%
Other Revenue	$0	-$-1	$0	$0	$0	-
Total	$2,353,884	$2,386,114	$2,474,871	$3,092,904	$3,233,056	37.3%