In all, Lansing contributed $3,727,904 to the fund, which saw a $412,206 increase in revenue over 2017. Members contributed $621,796, or 14.3 percent, in 2018. Another $7,405 came from other unspecified sources.
Lansing Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $2,275,526 | $2,647,787 | $2,670,076 | $3,452,598 | $3,727,904 | 63.8% |
Pension members | $453,297 | $479,632 | $561,720 | $483,553 | $621,796 | 37.2% |
Other Revenue | $14,143 | $45,179 | -$2,305 | $8,748 | $7,405 | -47.6% |
Total | $2,742,966 | $3,172,598 | $3,229,491 | $3,944,899 | $4,357,105 | 58.8% |