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Rockford Sun

Monday, November 25, 2024

Report: Average pensioner in South Beloit Police Pension Fund earns $66,424 per year

Salarycheck26

The South Beloit Police Pension Fund had 12 active participants receiving an average salary of $66,424 in 2018, 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 $797,082 in total salaries in 2018.

Statewide, there are 602,679 active pensioners in the state's 662 public retirement systems and pension funds. The average salary is $58,172. In all, active pension fund participants earned $20,056,767,975 in total salaries.

South Beloit Police Pension Fund average salary over 5 years
20142015201620172018Change 2014-2018
Active pensioners1413141012-2
Average salary$65,516$68,556$69,000$69,479$66,424$908

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