In all, Pontiac contributed $308,389 to the fund, which saw a $4,419 decrease in revenue over 2015. Members contributed $107,747, or 25.8 percent, in 2016. Another $685 came from other unspecified sources.
Pontiac Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $312,713 | $333,314 | $311,311 | $309,897 | $308,389 | -1.4% |
Pension members | $115,509 | $101,274 | $115,345 | $111,343 | $107,747 | -6.7% |
Other Revenue | $0 | $0 | -$843,259 | $0 | $685 | - |
Total | $428,222 | $434,588 | -$416,603 | $421,240 | $416,821 | -2.7% |