Rock Island Police Pension Fund
Recent News About Rock Island Police Pension Fund View More
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City of Rock Island Police Pension Fund Board met April 26
City of Rock Island Police Pension Fund Board met Wednesday, April 26
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Report: Rock Island Police Pension Fund lost $1,604,626 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Rock Island Police Pension Fund lost 4.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rock Island Police Pension Fund would go bankrupt in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Rock Island Police Pension Fund would have lost $6,140,309 in 2018, according to a Rock Island Today analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rock Island pays $5.78 for every $1 pensioners contribute to Rock Island Police Pension Fund
Taxpayers contributed 84.8 percent of the $3,993,215 the Rock Island Police Pension Fund brought in 2018, or $5.78 for every $1 from pension members.
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Report: 37% of Rock Island Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 37 percent of the Rock Island Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Rock Island Police Pension Fund gained $2,976,948 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Rock Island Police Pension Fund netted 8.44 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 Rock Island Police Pension Fund earns $71,380 per year
The Rock Island Police Pension Fund had 83 active participants receiving an average salary of $71,380 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Rock Island pays $4.98 for every $1 pensioners contribute to Rock Island Police Pension Fund
Taxpayers contributed 83.3 percent of the $3,474,354 the Rock Island Police Pension Fund brought in last year, or $4.98 for every $1 from pension members.
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Report: 40.2% of Rock Island Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 40.2 percent of the Rock Island Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Quad Cities pension funds: Where do taxpayers contribute most?
Government pension funds in Moline, Rock Island and Silvis depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Moline and Rock Island 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 Quad Cities
Rock Island, Moline and Colona have government pension funds with the lowest funding levels in Quad Cities, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Rock Island and Moline have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: Rock Island fire, police pension funds paid $26 million, lost $590K on investments in 2016
Rock Island and its surrounding communities’ 18 police and fire pension funds paid out a total of $26,994,988 in benefits to 638 retirees and inactive recipients in 2016 while losing $591,703 on their investments, according to a Rock Island Today analysis of the funds' mandated financial filings with the Illinois Department of Insurance.