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Metro East Sun

Monday, November 25, 2024

Analysis: Edwardsville pays $3.68 for every $1 pensioners contribute to Edwardsville Firefighters Pension Fund

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Taxpayers contributed 78.2 percent of the $913,902 the Edwardsville Firefighters Pension Fund brought in last year, or $3.68 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, Edwardsville contributed $714,809 to the fund, which saw a $69,125 increase in revenue over 2015. Members contributed $193,989, or 21.2 percent, in 2016. Another $5,104 came from other unspecified sources.

Edwardsville Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$403,734$455,566$633,578$663,559$714,80977%
Pension members$174,882$168,419$185,348$180,024$193,98910.9%
Other Revenue$20$1-$180,655$1,194$5,10425420%
Total$578,636$623,986$638,271$844,777$913,90257.9%

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