Analysis: Rock Island pays $5.78 for every $1 pensioners contribute to Rock Island Police Pension Fund

By Rock Island Today Reports

Jul 13, 2020

Taxpayers contributed 84.8 percent of the $3,993,215 the Rock Island Police Pension Fund brought in 2018, or $5.78 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 $3,384,517 to the fund, which saw a $189,764 increase in revenue over 2017. Members contributed $585,519, or 14.7 percent, in 2018. Another $23,179 came from other unspecified sources.

Rock Island Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,421,323	$2,687,850	$2,893,929	$3,210,742	$3,384,517	39.8%
Pension members	$419,739	$590,127	$580,424	$592,709	$585,519	39.5%
Other Revenue	$1	$0	$1	$0	$23,179	2317800%
Total	$2,841,063	$3,277,977	$3,474,354	$3,803,451	$3,993,215	40.6%