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Monday, December 23, 2024

Here are the 4 former employees of Monmouth Township receiving the highest annual pension payouts

Money 05

Here are the 4 former employees of Monmouth Township receiving the highest annual pension payouts, according to 2015 Illinois Municipal Retirement Fund (IMRF) records:

Name
Total saved over career
Projected Total Collections
Year Retired
Years Retired
Total Collected (Retirement through 2016)
2016 Pension
Original Benefit
McCrery, Dennis L.
$33,791
$1,095,578
2013
3
$69,499
$18,087
$16,747
Levine, Richard S.
$31,788
$993,881
2015
1
$30,597
$15,468
$15,128
Connell, J D.
$12,045
$267,273
1994
22
$136,654
$7,422
$4,491
Lercher, Patricia A.
$7,869
$118,771
1994
22
$70,673
$2,733
$1,662

Projected total collections assume 36 years of retirement.

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