Sterling Police Pension Fund
Recent News About Sterling Police Pension Fund
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Report: Sterling Police Pension Fund gained $1,135,907 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Sterling Police Pension Fund netted 7.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Sterling Police Pension Fund would go bankrupt in 78 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Sterling Police Pension Fund would have lost $188,298 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: Sterling pays $6.46 for every $1 pensioners contribute to Sterling Police Pension Fund
Taxpayers contributed 86.6 percent of the $1,243,640 the Sterling Police Pension Fund brought in 2018, or $6.46 for every $1 from pension members.
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Report: 58% of Sterling Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58 percent of the Sterling Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Sterling Police Pension Fund lost $215,977 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Sterling Police Pension Fund lost 1.86 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 Sterling Police Pension Fund earns $62,462 per year
The Sterling Police Pension Fund had 22 active participants receiving an average salary of $62,462 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Sterling pays $4.05 for every $1 pensioners contribute to Sterling Police Pension Fund
Taxpayers contributed 80.2 percent of the $876,976 the Sterling Police Pension Fund brought in last year, or $4.05 for every $1 from pension members.
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Analysis: Sterling Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Sterling Police Pension Fund lost $1,368,681 in 2016, according to a NW Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 59.7% of Sterling Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 59.7 percent of the Sterling Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: These 7 Northwest Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Byron, Rock Falls and Dixon would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported 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.