In all, Litchfield contributed $393,789 to the fund, which saw a $27,523 increase in revenue over 2015. Members contributed $79,911, or 16.9 percent, in 2016.
Litchfield Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $265,591 | $329,856 | $375,266 | $368,978 | $393,789 | 48.3% |
Pension members | $77,689 | $77,270 | $74,345 | $75,398 | $79,911 | 2.9% |
Other Revenue | -$-1 | -$-1 | $631 | $1,801 | $0 | 100% |
Total | $343,279 | $407,125 | $450,242 | $446,177 | $473,700 | 38% |