City of Alton Board of Aldermen

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Alton firefighter pension fund has almost twice the beneficiaries as active members

By Ann Maher | Sep 28, 2015

Property tax payers in the City of Alton contributed $1.96 million to the city's fire fighter pension fund in fiscal year 2014, while 47 active members currently receiving salaries contributed $291,197 in payroll deductions to the fund. And almost twice as many beneficiaries - 87 retirees, surviving spouses or dependents - drew $3,477,300 in benefits last year.

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