In all, Troy contributed $296,543 to the fund, which saw a $37,115 increase in revenue over 2015. Members contributed $121,337, or 29 percent, in 2016.
Troy Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $236,388 | $255,123 | $254,768 | $265,188 | $296,543 | 25.4% |
Pension members | $103,783 | $105,292 | $107,410 | $115,578 | $121,337 | 16.9% |
Other Revenue | $0 | $0 | $19 | -$-1 | $0 | - |
Total | $340,171 | $360,415 | $362,197 | $380,765 | $417,880 | 22.8% |