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Thursday, April 18, 2024

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

Money 04

Here are the 4 former employees of Cherry Valley 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
Buck, Harry W.
$29,549
$933,835
2006
10
$183,799
$18,888
$14,530
O'Donnell, Lois M.
$14,178
$683,838
2005
11
$149,496
$14,229
$10,800
Baggio, Giordano
$13,254
$570,565
2005
11
$124,735
$11,872
$9,011
Sturm, Randy F.
$9,742
$393,822
2012
4
$31,717
$6,696
$6,018

Projected total collections assume 36 years of retirement.

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