In all, Elmwood Park contributed $1,531,210 to the fund, which saw a $77,704 increase in revenue over 2015. Members contributed $319,991, or 17.3 percent, in 2016.
Elmwood Park Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $1,450,232 | $1,534,033 | $1,404,654 | $1,461,836 | $1,531,210 | 5.6% |
Pension members | $273,756 | $293,290 | $295,457 | $308,604 | $319,991 | 16.9% |
Other Revenue | $1,430 | -$6,876 | -$10,710 | $550 | -$2,507 | -275.3% |
Total | $1,725,418 | $1,820,447 | $1,689,401 | $1,770,990 | $1,848,694 | 7.1% |