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Friday, November 22, 2024

Report: Average pensioner in Springfield Police Pension Fund earns $77,781 per year

Salary06

The Springfield Police Pension Fund had 254 active participants receiving an average salary of $77,781 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Springfield Police Pension Fund participants earned $19,756,429 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.

Springfield Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners23824624724125416
Average salary$73,601$75,008$75,776$77,810$77,781$4,180

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