In all, Monmouth contributed $627,273 to the fund, which saw a $126,381 increase in revenue over 2015. Members contributed $79,047, or 11.2 percent, in 2016.
Monmouth Firefighters Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $396,962 | $373,116 | $395,926 | $501,431 | $627,273 | 58% |
Pension members | $67,874 | $69,818 | $76,213 | $78,507 | $79,047 | 16.5% |
Other Revenue | $0 | $50 | $0 | $1 | $0 | - |
Total | $464,836 | $442,984 | $472,139 | $579,939 | $706,320 | 52% |