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Galesburg Reporter

Friday, May 17, 2024

Report: Average pensioner in Monmouth Police Pension Fund earns $58,368 per year

Salary01

The Monmouth Police Pension Fund had 19 active participants receiving an average salary of $58,368 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Monmouth Police Pension Fund participants earned $1,108,984 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.

Monmouth Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners2020201919-1
Average salary$52,811$54,428$56,139$57,010$58,368$5,557

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