In all, Wayne contributed $208,708 to the fund, which saw a $9,802 increase in revenue over 2015. Members contributed $34,196, or 14.1 percent, in 2016.
Wayne Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $126,679 | $157,000 | $282,913 | $200,000 | $208,708 | 64.8% |
Pension members | $31,768 | $146,800 | $28,280 | $33,102 | $34,196 | 7.6% |
Other Revenue | $0 | $0 | -$-1 | $0 | $0 | - |
Total | $158,447 | $303,800 | $311,192 | $233,102 | $242,904 | 53.3% |