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Rockford Sun

Friday, November 22, 2024

Analysis: Rockton pays $2.72 for every $1 pensioners contribute to Rockton Police Pension Fund

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Taxpayers contributed 73.1 percent of the $426,912 the Rockton Police Pension Fund brought in 2018, or $2.72 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 $312,277 to the fund, which saw a $79,064 increase in revenue over 2017. Members contributed $114,635, or 26.9 percent, in 2018.

Rockton Police Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$261,841$255,621$220,029$238,378$312,27719.3%
Pension members$92,274$101,979$105,326$109,470$114,63524.2%
Other Revenue$0$0$0$0$0-
Total$354,115$357,600$325,355$347,848$426,91220.6%

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