In all, Madison contributed $342,948 to the fund, which saw a $50,736 increase in revenue over 2017. Members contributed $112,050, or 24.6 percent, in 2018.
Madison Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $334,488 | $341,148 | $343,478 | $336,009 | $342,948 | 2.5% |
Pension members | $65,510 | $64,330 | $65,659 | $68,253 | $112,050 | 71% |
Other Revenue | $0 | -$-1 | $0 | $0 | $0 | - |
Total | $399,998 | $405,477 | $409,137 | $404,262 | $454,998 | 13.8% |