In all, Loves Park contributed $1,181,000 to the fund, which saw a $233,822 increase in revenue over 2017. Members contributed $245,284, or 17.2 percent, in 2018.
Loves Park Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $800,000 | $775,000 | $968,800 | $957,890 | $1,181,000 | 47.6% |
Pension members | $215,436 | $220,396 | $239,942 | $234,572 | $245,284 | 13.9% |
Other Revenue | $0 | $0 | $0 | $0 | $0 | - |
Total | $1,015,436 | $995,396 | $1,208,742 | $1,192,462 | $1,426,284 | 40.5% |