Analysis: Belleville pays $7.86 for every $1 pensioners contribute to Belleville Firefighters Pension Fund

By Metro East Sun

Jul 4, 2020

Taxpayers contributed 88.7 percent of the $3,859,186 the Belleville Firefighters Pension Fund brought in 2018, or $7.86 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, Belleville contributed $3,424,044 to the fund, which saw a $460,307 increase in revenue over 2017. Members contributed $435,142, or 11.3 percent, in 2018.

Belleville Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$2,269,406	$2,602,491	$2,832,970	$2,966,715	$3,424,044	50.9%
Pension members	$386,322	$427,176	$422,345	$432,164	$435,142	12.6%
Other Revenue	$1	-$-1	$0	$0	$0	-100%
Total	$2,655,729	$3,029,666	$3,255,315	$3,398,879	$3,859,186	45.3%