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South Cook News

Friday, November 22, 2024

Report: Average pensioner in Chicago Ridge Police Pension Fund earns $87,923 per year

Salary04

The Chicago Ridge Police Pension Fund had 31 active participants receiving an average salary of $87,923 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Chicago Ridge Police Pension Fund participants earned $2,725,614 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.

Chicago Ridge Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners28293131313
Average salary$81,759$82,393$83,261$84,581$87,923$6,164

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