Analysis: Bradley pays $1.98 for every $1 pensioners contribute to Bradley Firefighters Pension Fund

By Local Labs News Service

May 17, 2018

Taxpayers contributed 66.5 percent of the $124,248 the Bradley Firefighters Pension Fund brought in last year, or $1.98 for every $1 from pension members, according to a Kankakee Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.

In all, Bradley contributed $82,643 to the fund, which saw a $5,853 increase in revenue over 2015. Members contributed $41,605, or 33.5 percent, in 2016.

Bradley Firefighters Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$53,180	$72,967	$73,920	$85,451	$82,643	55.4%
Pension members	$25,908	$26,658	$26,117	$32,944	$41,605	60.6%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$79,088	$99,625	$100,037	$118,395	$124,248	57.1%