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Rockford Sun

Monday, December 23, 2024

Analysis: Roscoe pays $1 for every $1 pensioners contribute to Harlem-Roscoe Firefighters Pension Fund

Budget 13

Taxpayers contributed 50 percent of the $16,955 the Harlem-Roscoe Firefighters Pension Fund brought in 2018, or $1 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, Roscoe contributed $8,477 to the fund, which saw a $62,829 decrease in revenue over 2017. Members contributed $8,477, or 50 percent, in 2018. Another $1 came from other unspecified sources.

Harlem-Roscoe Firefighters Pension Fund revenue over 5 years
20142015201620172018Change 2014-2018
Municipality$13,374$38,220$35,736$67,724$8,477-36.6%
Pension members$13,374$13,220$13,144$12,059$8,477-36.6%
Other Revenue$0$1-$-1$1$1-
Total$26,748$51,441$48,879$79,784$16,955-36.6%

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