Report: Average pensioner in Illinois Municipal Retirement Fund earns $41,477 per year
The Illinois Municipal Retirement Fund had 176,517 active participants receiving an average salary of $41,477 in 2018, according to the latest data reported to the Illinois Department of Insurance Pension Division.
The DOI biennial report shows active Illinois Municipal Retirement Fund participants earned $2,147,483,647 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.
Illinois Municipal Retirement Fund average salary over 5 years
| 2014 | 2015 | 2016 | 2017 | 2018 | Change 2014-2018 | |
|---|---|---|---|---|---|---|
| Active pensioners | 173,968 | 174,098 | 175,019 | 175,565 | 176,517 | 2549 |
| Average salary | $38,700 | $39,744 | $40,034 | $40,597 | $41,477 | $2,777 |