Rochelle Firefighters Pension Fund
Recent News About Rochelle Firefighters Pension Fund
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Report: Rochelle Firefighters Pension Fund lost $231,560 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Rochelle Firefighters Pension Fund lost 3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rochelle Firefighters Pension Fund would go bankrupt in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Rochelle Firefighters Pension Fund would have lost $1,009,267 in 2018, according to a NW Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rochelle pays $4.55 for every $1 pensioners contribute to Rochelle Firefighters Pension Fund
Taxpayers contributed 82 percent of the $565,845 the Rochelle Firefighters Pension Fund brought in 2018, or $4.55 for every $1 from pension members.
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Report: 61.8% of Rochelle Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 61.8 percent of the Rochelle Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Rochelle Firefighters Pension Fund gained $291,828 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Rochelle Firefighters Pension Fund netted 3.49 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Rochelle Firefighters Pension Fund earns $76,063 per year
The Rochelle Firefighters Pension Fund had 13 active participants receiving an average salary of $76,063 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rochelle pays $5.48 for every $1 pensioners contribute to Rochelle Firefighters Pension Fund
Taxpayers contributed 84.6 percent of the $408,330 the Rochelle Firefighters Pension Fund brought in last year, or $5.48 for every $1 from pension members.
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Report: 66.5% of Rochelle Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 66.5 percent of the Rochelle Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Northwest Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Savanna, Rock Falls and Byron depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Northwest Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Freeport, Sterling and Dixon depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in Northwest Illinois
Savanna, Dixon and Freeport have government pension funds with the lowest funding levels in Northwest Illinois, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in Northwest Illinois
Byron, Freeport and Rochelle have government pension funds with the highest funding levels in Northwest Illinois, according to the Illinois Department of Insurance.
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Analysis: Northwest Illinois fire, police pension funds paid $8 million, lost $924K on investments in 2016
Northwest Illinois’ 10 police and fire pension funds paid out a total of $8,100,566 in benefits to 204 retirees and inactive recipients in 2016 while losing $924,236 on their investments, according to a NW Illinois News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.