Analysis: Edwardsville pays $3.23 for every $1 pensioners contribute to Edwardsville Firefighters Pension Fund

By Metro East Sun

Jul 16, 2020

Taxpayers contributed 76.4 percent of the $1,035,957 the Edwardsville Firefighters Pension Fund brought in 2018, or $3.23 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 $790,982 to the fund, which saw a $76,560 increase in revenue over 2017. Members contributed $244,835, or 23.6 percent, in 2018. Another $140 came from other unspecified sources.

Edwardsville Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$633,578	$663,559	$714,809	$735,163	$790,982	24.8%
Pension members	$185,348	$180,024	$193,989	$221,699	$244,835	32.1%
Other Revenue	-$180,655	$1,194	$5,104	$2,535	$140	100.1%
Total	$638,271	$844,777	$913,902	$959,397	$1,035,957	62.3%