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Rockford Sun

Wednesday, May 1, 2024

Metro Rockford pension funds: Where do taxpayers contribute most?

Budget 13

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.

Pension funds in Illinois rely on cash from taxpayers, contributions from members, returns on investment and other revenue to meet their obligations.

How much did pension funds in your community depend on taxpayers in 2016?

Metro Rockford pension funds with biggest taxpayer share

Rank
Fund
City
County
Total revenue in 2016
From taxpayers
1
Rockford Firefighters Pension Fund
Rockford
Winnebago County
$10,673,808
$8,577,454
2
Rockford Police Pension Fund
Rockford
Winnebago County
$10,153,877
$7,838,429
3
Belvidere Police Pension Fund
Belvidere
Boone County
$1,380,290
$1,079,608
4
Loves Park Police Pension Fund
Loves Park
Winnebago County
$1,208,742
$968,800
5
Belvidere Firefighters Pension Fund
Belvidere
Boone County
$972,777
$783,447
6
Cherry Valley Police Pension Fund
Cherry Valley
Winnebago County
$519,428
$426,743
7
South Beloit Police Pension Fund
South Beloit
Winnebago County
$360,396
$264,810
8
Roscoe Police Pension Fund
Roscoe
Winnebago County
$309,581
$234,355
9
Cherry Valley Fpd Firefighter's Pension Fund
Cherry Valley
Winnebago County
$344,574
$234,244
10
Rockton Police Pension Fund
Rockton
Winnebago County
$325,355
$220,029

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