Analysis: Bradley pays $3.01 for every $1 pensioners contribute to Bradley Firefighters Pension Fund

By Kankakee Times

Jul 4, 2020

Taxpayers contributed 75.1 percent of the $181,202 the Bradley Firefighters Pension Fund brought in 2018, or $3.01 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 $136,081 to the fund, which saw a $9,854 increase in revenue over 2017. Members contributed $45,121, or 24.9 percent, in 2018.

Bradley Firefighters Pension Fund revenue over 5 years

	2014	2015	2016	2017	2018	Change 2014-2018
Municipality	$73,920	$85,451	$82,643	$127,168	$136,081	84.1%
Pension members	$26,117	$32,944	$41,605	$44,180	$45,121	72.8%
Other Revenue	$0	$0	$0	$0	$0	-
Total	$100,037	$118,395	$124,248	$171,348	$181,202	81.1%