Analysis: Collinsville pays $3.99 for every $1 pensioners contribute to Collinsville Firefighters Pension Fund

By Metro East Sun

Jul 10, 2020

Taxpayers contributed 80 percent of the $1,274,683 the Collinsville Firefighters Pension Fund brought in 2018, or $3.99 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, Collinsville contributed $1,019,701 to the fund, which saw a $314,514 increase in revenue over 2017. Members contributed $254,982, or 20 percent, in 2018.

Collinsville Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$666,611	$744,015	$787,667	$719,265	$1,019,701	53%
Pension members	$239,669	$234,908	$227,725	$240,904	$254,982	6.4%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$906,280	$978,923	$1,015,392	$960,169	$1,274,683	40.7%