Quantcast

Chicago City Wire

Thursday, November 14, 2024

Report: Average pensioner in Municipal Employees A & B Fund Of Chicago earns $54,362 per year

Salary02

The Municipal Employees A & B Fund Of Chicago had 30,296 active participants receiving an average salary of $54,362 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report shows active Municipal Employees A & B Fund Of Chicago participants earned $1,646,939,238 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.

Municipal Employees A & B Fund Of Chicago average salary over 5 years
20122013201420152016Change 2012-2016
Active pensioners31,32630,64730,16030,68330,296-1030
Average salary$50,782$51,564$53,149$53,563$54,362$3,580

MORE NEWS