In all, Morris contributed $695,513 to the fund, which saw a $9,072 decrease in revenue over 2015. Members contributed $184,586, or 21 percent, in 2016. Another $50 came from other unspecified sources.
Morris Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $499,937 | $583,706 | $658,445 | $695,513 | $695,513 | 39.1% |
Pension members | $162,532 | $157,383 | $180,513 | $193,488 | $184,586 | 13.6% |
Other Revenue | $0 | $0 | $1 | $220 | $50 | - |
Total | $662,469 | $741,089 | $838,959 | $889,221 | $880,149 | 32.9% |