Analysis: Rockford pays $4.71 for every $1 pensioners contribute to Rockford Firefighters Pension Fund

By Rockford Sun

Jul 8, 2020

Taxpayers contributed 82.5 percent of the $12,438,931 the Rockford Firefighters Pension Fund brought in 2018, or $4.71 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 $10,257,695 to the fund, which saw a $1,714,463 increase in revenue over 2017. Members contributed $2,176,890, or 17.5 percent, in 2018. Another $4,346 came from other unspecified sources.

Rockford Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$7,218,958	$7,345,613	$8,577,454	$8,561,472	$10,257,695	42.1%
Pension members	$1,953,524	$1,942,979	$2,096,334	$2,162,650	$2,176,890	11.4%
Other Revenue	$8,258	$0	$20	$346	$4,346	-47.4%
Total	$9,180,740	$9,288,592	$10,673,808	$10,724,468	$12,438,931	35.5%