In all, Melrose Park contributed $4,190,868 to the fund, which saw a $1,171,297 increase in revenue over 2017. Members contributed $634,799, or 13.2 percent, in 2018. Another $946 came from other unspecified sources.
Melrose Park Police Pension Fund revenue over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Municipality | $1,931,505 | $2,344,782 | $2,544,568 | $2,683,691 | $4,190,868 | 117% |
| Pension members | $756,019 | $606,618 | $616,461 | $962,677 | $634,799 | -16% |
| Other Revenue | $1,353 | -$774 | $10,855 | $8,948 | $946 | -30.1% |
| Total | $2,688,877 | $2,950,626 | $3,171,884 | $3,655,316 | $4,826,613 | 79.5% |
Alerts Sign-up