Analysis: Moline pays $3.61 for every $1 pensioners contribute to East Moline Firefighters Pension Fund

By Rock Island Today Reports

Jul 3, 2020

Taxpayers contributed 78.3 percent of the $1,157,519 the East Moline Firefighters Pension Fund brought in 2018, or $3.61 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 $906,371 to the fund, which saw a $38,164 increase in revenue over 2017. Members contributed $250,402, or 21.6 percent, in 2018. Another $746 came from other unspecified sources.

East Moline Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$679,363	$634,464	$487,530	$872,185	$906,371	33.4%
Pension members	$242,314	$237,806	$241,344	$247,170	$250,402	3.3%
Other Revenue	$0	$0	$1	$0	$746	-
Total	$921,677	$872,270	$728,875	$1,119,355	$1,157,519	25.6%