In all, Lockport contributed $1,410,000 to the fund, which saw a $190,344 increase in revenue over 2015. Members contributed $320,152, or 18.5 percent, in 2016. Another $1 came from other unspecified sources.
Lockport Police Pension Fund revenue over 5 years
2012 | 2013 | 2014 | 2015 | 2016 | Change 2012-2016 | |
---|---|---|---|---|---|---|
Municipality | $747,943 | $741,792 | $555,813 | $1,212,200 | $1,410,000 | 88.5% |
Pension members | $299,211 | $310,373 | $230,228 | $327,609 | $320,152 | 7% |
Other Revenue | $0 | $0 | $0 | $0 | $1 | - |
Total | $1,047,154 | $1,052,165 | $786,041 | $1,539,809 | $1,730,153 | 65.2% |