In all, Morton Grove contributed $2,695,291 to the fund, which saw a $389,078 increase in revenue over 2017. Members contributed $465,264, or 14.7 percent, in 2018. Another $6,569 came from other unspecified sources.
Morton Grove Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $1,746,014 | $1,819,397 | $2,090,649 | $2,309,955 | $2,695,291 | 54.4% |
Pension members | $399,590 | $412,809 | $429,569 | $446,618 | $465,264 | 16.4% |
Other Revenue | $108,930 | -$24,785 | $21,735 | $21,473 | $6,569 | -94% |
Total | $2,254,534 | $2,207,421 | $2,541,953 | $2,778,046 | $3,167,124 | 40.5% |