Analysis: Bradley pays $4.35 for every $1 pensioners contribute to Bradley Police Pension Fund

By Kankakee Times

Jul 5, 2020

Taxpayers contributed 78.5 percent of the $1,397,598 the Bradley Police Pension Fund brought in 2018, or $4.35 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 $1,097,352 to the fund, which saw a $26,735 increase in revenue over 2017. Members contributed $251,803, or 18 percent, in 2018. Another $48,443 came from other unspecified sources.

Bradley Police Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$804,949	$835,134	$856,951	$1,034,020	$1,097,352	36.3%
Pension members	$220,626	$243,589	$256,757	$336,843	$251,803	14.1%
Other Revenue	$0	$0	$0	$0	$48,443	-
Total	$1,025,575	$1,078,723	$1,113,708	$1,370,863	$1,397,598	36.3%