In all, Quincy contributed $2,126,886 to the fund, which saw a $227,856 increase in revenue over 2015. Members contributed $534,438, or 20.1 percent, in 2016.
Quincy Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $1,883,702 | $1,673,930 | $1,712,630 | $1,889,890 | $2,126,886 | 12.9% |
Pension members | $468,181 | $466,696 | $486,757 | $543,579 | $534,438 | 14.2% |
Other Revenue | $0 | $0 | $1,241 | -$-1 | $0 | - |
Total | $2,351,883 | $2,140,626 | $2,200,628 | $2,433,468 | $2,661,324 | 13.2% |