In all, Niles contributed $3,674,756 to the fund, which saw a $477,333 increase in revenue over 2017. Members contributed $546,220, or 12.9 percent, in 2018. Another $9,163 came from other unspecified sources.
Niles Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $3,092,178 | $3,185,626 | $3,256,499 | $3,194,848 | $3,674,756 | 18.8% |
Pension members | $510,871 | $508,891 | $593,810 | $552,883 | $546,220 | 6.9% |
Other Revenue | $50 | -$29,209 | $1,956 | $5,075 | $9,163 | 18226% |
Total | $3,603,099 | $3,665,308 | $3,852,265 | $3,752,806 | $4,230,139 | 17.4% |