In all, Marion contributed $722,600 to the fund, which saw a $61,088 increase in revenue over 2015. Members contributed $180,337, or 20 percent, in 2016.
Marion Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $569,900 | $569,900 | $592,000 | $662,900 | $722,600 | 26.8% |
Pension members | $156,968 | $165,646 | $173,663 | $178,949 | $180,337 | 14.9% |
Other Revenue | $5,377 | $0 | $0 | -$-1 | -$-1 | -100% |
Total | $732,245 | $735,546 | $765,663 | $841,848 | $902,936 | 23.3% |