In all, Palos Park contributed $250,000 to the fund, which saw a $40,482 increase in revenue over 2017. Members contributed $65,873, or 20.9 percent, in 2018.
Palos Park Police Pension Fund revenue over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Municipality | $165,000 | $175,000 | $200,000 | $200,000 | $250,000 | 51.5% |
| Pension members | $64,995 | $63,574 | $74,670 | $75,391 | $65,873 | 1.4% |
| Other Revenue | $0 | $0 | $1 | $0 | $0 | - |
| Total | $229,995 | $238,574 | $274,671 | $275,391 | $315,873 | 37.3% |
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