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Rockford Sun

Friday, November 22, 2024

Analysis: Rockton pays $2.08 for every $1 pensioners contribute to Rockton Police Pension Fund

Budget 04

Taxpayers contributed 67.6 percent of the $325,355 the Rockton Police Pension Fund brought in last year, or $2.08 for every $1 from pension members, according to a Rockford Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Rockton contributed $220,029 to the fund, which saw a $32,245 decrease in revenue over 2015. Members contributed $105,326, or 32.4 percent, in 2016.

Rockton Police Pension Fund revenue over 5 years
20122013201420152016Change 2012-2016
Municipality$161,972$190,854$261,841$255,621$220,02935.8%
Pension members$89,947$94,847$92,274$101,979$105,32617.1%
Other Revenue-$-1$0$0$0$0100%
Total$251,918$285,701$354,115$357,600$325,35529.2%

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