Analysis: East Alton pays $3.49 for every $1 pensioners contribute to East Alton Firefighters Pension Fund

By Metro East Sun

Jul 12, 2020

Taxpayers contributed 77.7 percent of the $206,031 the East Alton Firefighters Pension Fund brought in 2018, or $3.49 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 Alton contributed $160,151 to the fund, which saw a $3,372 increase in revenue over 2017. Members contributed $45,880, or 22.3 percent, in 2018.

East Alton Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$104,734	$145,937	$160,072	$158,363	$160,151	52.9%
Pension members	$38,677	$43,929	$42,546	$44,296	$45,880	18.6%
Other Revenue	$0	-$-1	$0	$0	$0	-
Total	$143,411	$189,865	$202,618	$202,659	$206,031	43.7%