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Thursday, November 21, 2024

Report: Average pensioner in Mount Vernon Police Pension Fund earns $58,700 per year

Salary043

The Mount Vernon Police Pension Fund had 43 active participants receiving an average salary of $58,700 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Mount Vernon Police Pension Fund participants earned $2,524,086 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.

Mount Vernon Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners43424043430
Average salary$53,649$54,413$55,428$56,666$58,700$5,051

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