Quantcast

Metro East Sun

Monday, December 23, 2024

Analysis: Collinsville pays $3.45 for every $1 pensioners contribute to Collinsville Firefighters Pension Fund

Shutterstock 150354515

Taxpayers contributed 77.6 percent of the $1,015,392 the Collinsville Firefighters Pension Fund brought in last year, or $3.45 for every $1 from pension members, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Collinsville contributed $787,667 to the fund, which saw a $36,469 increase in revenue over 2015. Members contributed $227,725, or 22.4 percent, in 2016.

Collinsville Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$674,487$722,604$666,611$744,015$787,66716.8%
Pension members$225,576$228,906$239,669$234,908$227,7251%
Other Revenue-$-1$0$0$0$0100%
Total$900,062$951,510$906,280$978,923$1,015,39212.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS