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Metro East Sun

Tuesday, May 21, 2024

Analysis: Belleville pays $3.79 for every $1 pensioners contribute to Signal Hill Fpd Firefighters Pension Fund

Budget 13

Taxpayers contributed 79.1 percent of the $31,514 the Signal Hill Fpd Firefighters Pension Fund brought in last year, or $3.79 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, Belleville contributed $24,937 to the fund, which saw a $634 increase in revenue over 2015. Members contributed $6,577, or 20.9 percent, in 2016.

Signal Hill Fpd Firefighters Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$15,641$21,574$24,596$24,495$24,93759.4%
Pension members$6,018$8,143$6,385$6,385$6,5779.3%
Other Revenue$1$0$0$0$0-100%
Total$21,660$29,717$30,981$30,880$31,51445.5%

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