In all, Monmouth contributed $491,232 to the fund, which saw a $21,984 increase in revenue over 2015. Members contributed $110,094, or 18.3 percent, in 2016.
Monmouth Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $381,493 | $358,606 | $414,053 | $455,561 | $491,232 | 28.8% |
Pension members | $106,856 | $107,660 | $111,070 | $123,782 | $110,094 | 3% |
Other Revenue | $0 | $0 | -$-1 | -$-1 | $0 | - |
Total | $488,349 | $466,266 | $525,122 | $579,342 | $601,326 | 23.1% |