In all, Savanna contributed $186,746 to the fund, which saw a $16,250 increase in revenue over 2015. Members contributed $32,191, or 14.7 percent, in 2016.
Savanna Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $148,084 | $151,067 | $159,058 | $173,591 | $186,746 | 26.1% |
Pension members | $30,878 | $28,771 | $28,837 | $29,096 | $32,191 | 4.3% |
Other Revenue | $0 | $0 | $1 | $0 | $0 | - |
Total | $178,962 | $179,838 | $187,896 | $202,687 | $218,937 | 22.3% |