In all, Palos Hills contributed $1,027,227 to the fund, which saw a $55,618 increase in revenue over 2015. Members contributed $258,502, or 20.1 percent, in 2016.
Palos Hills Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $675,000 | $777,851 | $850,000 | $968,938 | $1,027,227 | 52.2% |
Pension members | $241,301 | $250,270 | $244,750 | $261,173 | $258,502 | 7.1% |
Other Revenue | $0 | $0 | $0 | $0 | $0 | - |
Total | $916,301 | $1,028,121 | $1,094,750 | $1,230,111 | $1,285,729 | 40.3% |