Analysis: East Saint Louis pays $7.41 for every $1 pensioners contribute to East St Louis Firefighters Pension Fund

By Metro East Sun

Jul 14, 2020

Taxpayers contributed 88.1 percent of the $2,302,725 the East St Louis Firefighters Pension Fund brought in 2018, or $7.41 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 $2,029,232 to the fund, which saw a $286,946 decrease in revenue over 2017. Members contributed $273,494, or 11.9 percent, in 2018.

East St Louis Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$1,607,202	$778,328	$801,797	$2,279,904	$2,029,232	26.3%
Pension members	$291,432	$336,409	$296,794	$309,441	$273,494	-6.2%
Other Revenue	$1	$0	$0	$326	-$-1	-200%
Total	$1,898,635	$1,114,737	$1,098,591	$2,589,671	$2,302,725	21.3%