In all, Freeport contributed $1,605,261 to the fund, which saw a $172,421 increase in revenue over 2015. Members contributed $275,215, or 14.6 percent, in 2016.
Freeport Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $1,175,463 | $1,339,476 | $1,496,649 | $1,434,033 | $1,605,261 | 36.6% |
Pension members | $280,373 | $285,350 | $278,412 | $274,022 | $275,215 | -1.8% |
Other Revenue | $189 | $0 | $1 | $0 | $0 | -100% |
Total | $1,456,025 | $1,624,826 | $1,775,062 | $1,708,055 | $1,880,476 | 29.2% |