In fiscal year 2024, Roselle held the 166th lowest for per-household police and fire pension debt in Illinois, reaching $4,408, according to the Illinois Department of Insurance.
The Roselle Firefighters Pension Fund had $3,830,435 in unfunded obligations in 2024, showing a 23.1% gap between assets and promised retirement payments.
After projecting its investments would grow by 6.3 percent, the Roselle Firefighters Pension Fund lost 2.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
Without members and taxpayers subsidizing its revenue, the Roselle Firefighters Pension Fund would have lost $556,222 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 75.5 percent of the $422,555 the Roselle Firefighters Pension Fund brought in 2018, or $3.16 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63.9 percent of the Roselle Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
After projecting its investments would grow by 6.50 percent, the Roselle Firefighters Pension Fund netted 4.46 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
The Roselle Firefighters Pension Fund had 12 active participants receiving an average salary of $89,636 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 74.1 percent of the $390,831 the Roselle Firefighters Pension Fund brought in last year, or $2.86 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 69.1 percent of the Roselle Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Government pension funds in Clarendon Hills, Lombard and Oakbrook Terrace depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.