In all, Melrose Park contributed $2,544,568 to the fund, which saw a $221,258 increase in revenue over 2015. Members contributed $616,461, or 19.4 percent, in 2016. Another $10,855 came from other unspecified sources.
Melrose Park Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $950,865 | $944,557 | $1,931,505 | $2,344,782 | $2,544,568 | 167.6% |
Pension members | $561,672 | $578,528 | $756,019 | $606,618 | $616,461 | 9.8% |
Other Revenue | $10,066 | $25,564 | $1,353 | -$774 | $10,855 | 7.8% |
Total | $1,522,603 | $1,548,649 | $2,688,877 | $2,950,626 | $3,171,884 | 108.3% |