In all, Schaumburg contributed $5,471,525 to the fund, which saw a $236,445 increase in revenue over 2017. Members contributed $1,124,803, or 17.1 percent, in 2018. Another $50 came from other unspecified sources.
Schaumburg Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $4,158,651 | $4,248,143 | $4,541,539 | $5,179,593 | $5,471,525 | 31.6% |
Pension members | $1,066,227 | $1,458,682 | $1,295,799 | $1,180,290 | $1,124,803 | 5.5% |
Other Revenue | -$-1 | $0 | $0 | $50 | $50 | 5100% |
Total | $5,224,877 | $5,706,825 | $5,837,338 | $6,359,933 | $6,596,378 | 26.2% |