Analysis: Bradley pays $3.33 for every $1 pensioners contribute to Bradley Police Pension Fund

By Local Labs News Service

May 18, 2018

Taxpayers contributed 76.9 percent of the $1,113,708 the Bradley Police Pension Fund brought in last year, or $3.33 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 $856,951 to the fund, which saw a $34,985 increase in revenue over 2015. Members contributed $256,757, or 23.1 percent, in 2016.

Bradley Police Pension Fund revenue over 5 years

	2012	2013	2014	2015	2016	Change 2012-2016
Municipality	$602,737	$673,584	$804,949	$835,134	$856,951	42.2%
Pension members	$198,886	$207,273	$220,626	$243,589	$256,757	29.1%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$801,623	$880,857	$1,025,575	$1,078,723	$1,113,708	38.9%