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Rockford Sun

Monday, December 23, 2024

Report: Average pensioner in South Beloit Police Pension Fund earns $69,000 per year

Salary06

The South Beloit Police Pension Fund had 14 active participants receiving an average salary of $69,000 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active South Beloit Police Pension Fund participants earned $965,994 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.

South Beloit Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners1515141314-1
Average salary$59,689$62,726$65,516$68,556$69,000$9,311

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