In all, Morris contributed $1,085,076 to the fund, which saw a $229,174 increase in revenue over 2017. Members contributed $188,881, or 14.8 percent, in 2018. Another $82 came from other unspecified sources.
Morris Police Pension Fund revenue over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Municipality | $658,445 | $695,513 | $695,513 | $850,349 | $1,085,076 | 64.8% |
| Pension members | $180,513 | $193,488 | $184,586 | $194,448 | $188,881 | 4.6% |
| Other Revenue | $1 | $220 | $50 | $68 | $82 | 8100% |
| Total | $838,959 | $889,221 | $880,149 | $1,044,865 | $1,274,039 | 51.9% |
Alerts Sign-up