In all, Burnham contributed $234,513 to the fund, which saw a $72,956 decrease in revenue over 2015. Members contributed $57,805, or 19.8 percent, in 2016.
Burnham Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $174,113 | $194,757 | $313,900 | $301,683 | $234,513 | 34.7% |
Pension members | $46,573 | $45,802 | $55,983 | $61,900 | $57,805 | 24.1% |
Other Revenue | $1 | $2,111 | -$63 | $1,420 | -$271 | -27200% |
Total | $220,687 | $242,670 | $369,820 | $365,003 | $292,047 | 32.3% |