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Friday, November 22, 2024

Here are the 1 former employees of Newburg Township receiving the highest annual pension payouts

Local Government

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Here are the 1 former employees of Newburg 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
Jacobs, Michael L.
$28,006
$381,865
2014
2
$12,011
$6,220
$5,896

Projected total collections assume 36 years of retirement.

ORGANIZATIONS IN THIS STORY

Newburg Township• Illinois Municipal Retirement Fund

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