In all, Macomb contributed $507,833 to the fund, which saw a $29,322 decrease in revenue over 2015. Members contributed $161,818, or 24.1 percent, in 2016. Another $596 came from other unspecified sources.
Macomb Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $492,577 | $391,944 | $480,417 | $506,272 | $507,833 | 3.1% |
Pension members | $148,305 | $151,660 | $152,153 | $193,115 | $161,818 | 9.1% |
Other Revenue | $650 | $13,322 | $892 | $182 | $596 | -8.3% |
Total | $641,532 | $556,926 | $633,462 | $699,569 | $670,247 | 4.5% |