In all, Glencoe contributed $1,161,172 to the fund, which saw a $188,926 decrease in revenue over 2017. Members contributed $354,214, or 23.4 percent, in 2018. Another $1 came from other unspecified sources.
Glencoe Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $1,652,932 | $1,482,314 | $1,562,863 | $1,360,242 | $1,161,172 | -29.8% |
Pension members | $311,510 | $317,645 | $340,092 | $344,071 | $354,214 | 13.7% |
Other Revenue | $7,684 | $0 | $0 | $0 | $1 | -100% |
Total | $1,972,126 | $1,799,959 | $1,902,955 | $1,704,313 | $1,515,387 | -23.2% |