In all, Madison contributed $343,478 to the fund, which saw a $3,660 increase in revenue over 2015. Members contributed $65,659, or 16 percent, in 2016.
Madison Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $308,204 | $316,715 | $334,488 | $341,148 | $343,478 | 11.4% |
Pension members | $62,623 | $60,316 | $65,510 | $64,330 | $65,659 | 4.8% |
Other Revenue | $1 | $0 | $0 | -$-1 | $0 | -100% |
Total | $370,828 | $377,031 | $399,998 | $405,477 | $409,137 | 10.3% |