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NW Illinois News

Tuesday, December 24, 2024

Report: Average pensioner in Sterling Police Pension Fund earns $62,462 per year

Salary0283

The Sterling Police Pension Fund had 22 active participants receiving an average salary of $62,462 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Sterling Police Pension Fund participants earned $1,374,153 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.

Sterling Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners2829302822-6
Average salary$57,911$57,234$57,848$58,052$62,462$4,551

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