Analysis: Rockford pays $2.45 for every $1 pensioners contribute to Rockford Police Pension Fund

By Rockford Sun

Jul 9, 2020

Taxpayers contributed 71 percent of the $11,557,919 the Rockford Police Pension Fund brought in 2018, or $2.45 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, Rockford contributed $8,208,018 to the fund, which saw a $1,089,699 increase in revenue over 2017. Members contributed $3,349,195, or 29 percent, in 2018. Another $706 came from other unspecified sources.

Rockford Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$5,717,048	$6,252,516	$7,838,429	$8,038,300	$8,208,018	43.6%
Pension members	$2,131,555	$2,130,613	$2,315,398	$2,427,659	$3,349,195	57.1%
Other Revenue	$2,226	$9,686	$50	$2,261	$706	-68.3%
Total	$7,850,829	$8,392,815	$10,153,877	$10,468,220	$11,557,919	47.2%