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South Cook News

Tuesday, November 5, 2024

Report: Average pensioner in Oak Forest Police Pension Fund earns $85,070 per year

Salary01

The Oak Forest Police Pension Fund had 42 active participants receiving an average salary of $85,070 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Oak Forest Police Pension Fund participants earned $3,572,936 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.

Oak Forest Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners39414041423
Average salary$83,667$83,498$83,468$83,997$85,070$1,403

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