In all, Waterloo contributed $441,000 to the fund, which saw a $63,800 increase in revenue over 2015. Members contributed $96,824, or 18 percent, in 2016.
Waterloo Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $300,000 | $335,000 | $365,000 | $380,000 | $441,000 | 47% |
Pension members | $87,726 | $91,019 | $228,579 | $94,024 | $96,824 | 10.4% |
Other Revenue | $500 | $0 | $0 | $0 | $0 | -100% |
Total | $388,226 | $426,019 | $593,579 | $474,024 | $537,824 | 38.5% |