South Beloit Police Pension Fund
Recent News About South Beloit Police Pension Fund
-
Report: South Beloit Police Pension Fund lost $100,613 in investment income in 2018
After projecting its investments would grow by 5.3 percent, the South Beloit Police Pension Fund lost 2.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: South Beloit Police Pension Fund would go bankrupt in five years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the South Beloit Police Pension Fund would have lost $852,251 in 2018, according to a Rockford Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: South Beloit pays $4.03 for every $1 pensioners contribute to South Beloit Police Pension Fund
Taxpayers contributed 80.1 percent of the $380,039 the South Beloit Police Pension Fund brought in 2018, or $4.03 for every $1 from pension members.
-
Report: 60.1% of South Beloit Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 60.1 percent of the South Beloit Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: South Beloit Police Pension Fund gained $161,302 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the South Beloit Police Pension Fund netted 4.83 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
Report: Average pensioner in South Beloit Police Pension Fund earns $69,000 per year
The South Beloit Police Pension Fund had 14 active participants receiving an average salary of $69,000 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: South Beloit pays $2.77 for every $1 pensioners contribute to South Beloit Police Pension Fund
Taxpayers contributed 73.5 percent of the $360,396 the South Beloit Police Pension Fund brought in last year, or $2.77 for every $1 from pension members.
-
Report: 63% of South Beloit Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63 percent of the South Beloit Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Metro Rockford pension funds: Where do taxpayers contribute least?
Government pension funds in Roscoe, Rockton and Cherry Valley depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
-
Metro Rockford pension funds: Where do taxpayers contribute most?
Government pension funds in Rockford, Belvidere and Loves Park depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
-
Rankings: 10 worst funded pensions in Metro Rockford
Cherry Valley, Rockford and Roscoe have government pension funds with the lowest funding levels in Metro Rockford, according to the Illinois Department of Insurance.
-
Rankings: 10 best funded pensions in Metro Rockford
Roscoe, Cherry Valley and Rockton have government pension funds with the highest funding levels in Metro Rockford, according to the Illinois Department of Insurance.
-
Analysis: Winnebago County fire, police pension funds paid $35 million, made $1.8 million on investments in 2016
Winnebago County and its surrounding communities’ 11 police and fire pension funds paid out a total of $35,260,478 in benefits to 720 retirees and inactive recipients in 2016 while making $1,847,833 on their investments, according to a Rockford Sun analysis of the funds' mandated financial filings with the Illinois Department of Insurance.