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North Cook News

Sunday, November 17, 2024

Report: Average pensioner in Hanover Park Police Pension Fund earns $87,131 per year

Salary05

The Hanover Park Police Pension Fund had 59 active participants receiving an average salary of $87,131 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Hanover Park Police Pension Fund participants earned $5,140,726 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.

Hanover Park Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners6160626059-2
Average salary$78,034$79,354$82,286$82,040$87,131$9,097

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