Analysis: Moline pays $11.81 for every $1 pensioners contribute to Moline Firefighters Pension Fund

By Rock Island Today Reports

Jul 10, 2020

Taxpayers contributed 92.2 percent of the $5,583,788 the Moline Firefighters Pension Fund brought in 2018, or $11.81 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 $5,147,669 to the fund, which saw a $419,661 increase in revenue over 2017. Members contributed $435,579, or 7.8 percent, in 2018. Another $540 came from other unspecified sources.

Moline Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$3,489,864	$3,482,362	$4,574,093	$4,748,354	$5,147,669	47.5%
Pension members	$412,364	$473,457	$433,785	$415,773	$435,579	5.6%
Other Revenue	$0	$76,675	$25	$0	$540	-
Total	$3,902,228	$4,032,494	$5,007,903	$5,164,127	$5,583,788	43.1%