Rochelle Police Pension Fund
Recent News About Rochelle Police Pension Fund
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City of Rochelle Police Pension Fund Board met March 31
City of Rochelle Police Pension Fund Board met 10 a.m. Friday, March 31.
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Report: Rochelle Police Pension Fund lost $576,237 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Rochelle Police Pension Fund lost 5.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rochelle Police Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Rochelle Police Pension Fund would have lost $1,503,021 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 $3.91 for every $1 pensioners contribute to Rochelle Police Pension Fund
Taxpayers contributed 79.6 percent of the $698,875 the Rochelle Police Pension Fund brought in 2018, or $3.91 for every $1 from pension members.
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Report: 60.7% of Rochelle Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 60.7 percent of the Rochelle Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Rochelle Police Pension Fund gained $357,813 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Rochelle Police Pension Fund netted 3.17 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 Police Pension Fund earns $73,698 per year
The Rochelle Police Pension Fund had 19 active participants receiving an average salary of $73,698 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rochelle pays $4.28 for every $1 pensioners contribute to Rochelle Police Pension Fund
Taxpayers contributed 81.1 percent of the $478,679 the Rochelle Police Pension Fund brought in last year, or $4.28 for every $1 from pension members.
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Report: 70.9% of Rochelle Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 70.9 percent of the Rochelle Police 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 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.