City of Alton Board of Aldermen

101 E 3rd St
Alton, IL - 62002

City of Alton Board of Aldermen News

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

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.