Analysis: Alton pays $4.87 for every $1 pensioners contribute to Fosterburg FPD Firefighters Pension Fund

By Metro East Sun

Jul 19, 2020

Taxpayers contributed 83 percent of the $136,303 the Fosterburg FPD Firefighters Pension Fund brought in 2018, or $4.87 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, Alton contributed $113,114 to the fund, which saw a $1,090 increase in revenue over 2017. Members contributed $23,189, or 17 percent, in 2018.

Fosterburg FPD Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$108,672	$91,082	$118,145	$117,449	$113,114	4.1%
Pension members	$21,989	$24,043	$22,696	$17,764	$23,189	5.5%
Other Revenue	$0	$0	$1	$0	$0	-
Total	$130,661	$115,125	$140,842	$135,213	$136,303	4.3%