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Sunday, May 5, 2024

Report: Average pensioner in Granite City Police Pension Fund earns $72,016 per year

Salary03

The Granite City Police Pension Fund had 56 active participants receiving an average salary of $72,016 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Granite City Police Pension Fund participants earned $4,032,893 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.

Granite City Police Pension Fund average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners5959585856-3
Average salary$65,220$67,251$67,500$70,227$72,016$6,796

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