In all, Morton Grove contributed $2,090,649 to the fund, which saw a $334,532 increase in revenue over 2015. Members contributed $429,569, or 16.9 percent, in 2016. Another $21,735 came from other unspecified sources.
Morton Grove Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $1,568,911 | $1,513,592 | $1,746,014 | $1,819,397 | $2,090,649 | 33.3% |
Pension members | $374,358 | $417,589 | $399,590 | $412,809 | $429,569 | 14.7% |
Other Revenue | $1 | $1 | $108,930 | -$24,785 | $21,735 | 2173400% |
Total | $1,943,270 | $1,931,182 | $2,254,534 | $2,207,421 | $2,541,953 | 30.8% |