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Friday, November 22, 2024

Metro East pension funds: Where do taxpayers contribute most?

Budget 07

Government pension funds in Alton, Belleville and Granite City depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

Metro East pension funds with biggest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Alton Police Pension Fund
Alton
Madison County
$3,531,426
$3,069,684
2
Alton Firefighters Pension Fund
Alton
Madison County
$3,269,974
$2,970,632
3
Belleville Firefighters Pension Fund
Belleville
St. Clair County
$3,255,315
$2,832,970
4
Belleville Police Pension Fund
Belleville
St. Clair County
$2,983,995
$2,388,327
5
Granite City Police Pension Fund
Granite City
Madison County
$1,725,199
$1,322,316
6
Fairview Heights Police Pension Fund
Fairview Heights
St. Clair County
$1,692,937
$1,300,000
7
Collinsville Police Pension Fund
Collinsville
Madison County
$1,485,768
$1,148,282
8
Edwardsville Police Pension Fund
Edwardsville
Madison County
$1,255,013
$920,192
9
Swansea Police Pension Fund
Swansea
St. Clair County
$975,593
$816,678
10
East St Louis Firefighters Pension Fund
East Saint Louis
St. Clair County
$1,098,591
$801,797

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