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South Central Reporter

Saturday, May 18, 2024

Report: Average pensioner in Salem Police Pension Fund earns $59,362 per year

Salary04

The Salem Police Pension Fund had 15 active participants receiving an average salary of $59,362 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Salem Police Pension Fund participants earned $890,427 in total salaries in 2016.

Statewide, there are 591,687 active pensioners in the state's 666 public retirement systems and pension funds. The average salary is $56,467. In all, active pension fund participants earned $18,095,309,637 in total salaries.

Salem Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners13131316152
Average salary$53,030$54,789$54,862$58,353$59,362$6,332

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