In all, Fairfield contributed $365,236 to the fund, which saw a $30,632 increase in revenue over 2017. Members contributed $114,477, or 23.9 percent, in 2018.
Fairfield Police Pension Fund revenue over 5 years
2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
---|---|---|---|---|---|---|
Municipality | $265,303 | $297,493 | $327,121 | $393,574 | $365,236 | 37.7% |
Pension members | $57,130 | $51,984 | $53,305 | $55,507 | $114,477 | 100.4% |
Other Revenue | $3 | $3 | $10 | $0 | $0 | -100% |
Total | $322,436 | $349,480 | $380,436 | $449,081 | $479,713 | 48.8% |