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Dupage Policy Journal

Thursday, November 21, 2024

Report: Average pensioner in Illinois Municipal Retirement Fund earns $40,034 per year

Salary04

The Illinois Municipal Retirement Fund had 175,019 active participants receiving an average salary of $40,034 in 2016, 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 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.

Illinois Municipal Retirement Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners174,771173,826173,968174,098175,019248
Average salary$37,169$37,983$38,700$39,744$40,034$2,865

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