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North Cook News

Wednesday, April 24, 2024

Report: Average pensioner in Morton Grove Police Pension Fund earns $94,860 per year

Salary06

The Morton Grove Police Pension Fund had 46 active participants receiving an average salary of $94,860 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Morton Grove Police Pension Fund participants earned $4,363,556 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.

Morton Grove Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners44444545462
Average salary$84,158$87,742$86,437$91,815$94,860$10,702

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