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North Cook News

Wednesday, April 17, 2024

Report: Average pensioner in Palatine Police Pension Fund earns $97,719 per year

Salary01

The Palatine Police Pension Fund had 106 active participants receiving an average salary of $97,719 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Palatine Police Pension Fund participants earned $10,358,248 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.

Palatine Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners109110108107106-3
Average salary$90,122$91,976$93,279$95,376$97,719$7,597

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