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Metro East Sun

Monday, December 23, 2024

Analysis: East Saint Louis pays $2.70 for every $1 pensioners contribute to East St Louis Firefighters Pension Fund

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Taxpayers contributed 73 percent of the $1,098,591 the East St Louis Firefighters Pension Fund brought in last year, or $2.70 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, East Saint Louis contributed $801,797 to the fund, which saw a $16,146 decrease in revenue over 2015. Members contributed $296,794, or 27 percent, in 2016.

East St Louis Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$2,475,933$2,577,649$1,607,202$778,328$801,797-67.6%
Pension members$302,224$302,713$291,432$336,409$296,794-1.8%
Other Revenue$0$204$1$0$0-
Total$2,778,157$2,880,566$1,898,635$1,114,737$1,098,591-60.5%

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