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South Cook News

Tuesday, November 5, 2024

Report: Average pensioner in Summit Police Pension Fund earns $79,808 per year

Salary0283

The Summit Police Pension Fund had 29 active participants receiving an average salary of $79,808 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Summit Police Pension Fund participants earned $2,314,432 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.

Summit Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners28273031291
Average salary$91,283$74,509$75,319$76,249$79,808-$11,475

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