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Friday, April 19, 2024

Here are the 50 former employees of the City of Belvidere receiving the highest annual pension payouts

Money 02

Here are the 50 former employees of the City of Belvidere 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
Russell, Roger T.
$150,468
$7,104,993
2004
12
$1,713,554
$152,046
$113,255
Lawler, Craig D.
$77,194
$4,091,198
2010
6
$477,643
$73,742
$63,984
Ohlsen, Larry D.
$74,335
$3,932,788
2010
6
$459,086
$70,888
$61,375
Hardy, James J.
$64,731
$3,378,028
2012
4
$272,338
$57,430
$51,973
Wickler, Terry L.
$66,278
$3,371,594
2015
1
$103,913
$52,471
$51,442
Kearney, William D.
$49,974
$1,664,353
1995
21
$799,707
$45,135
$27,947
Turnipseed, Lawanna L.
$47,115
$2,569,972
2011
5
$252,605
$44,995
$39,470
Schabacker, Steven E.
$53,830
$2,483,773
2010
6
$289,776
$44,773
$38,432
Polcher, Hans B.
$53,809
$2,520,650
2012
4
$203,415
$42,850
$39,043
Dittbenner, Donald L.
$43,044
$1,905,181
2004
12
$505,710
$39,467
$29,563
Sheean, Timothy J.
$53,893
$2,254,742
2010
6
$365,444
$38,555
$32,743
Grimes, Jimmy A.
$63,606
$2,283,789
2010
6
$399,930
$38,444
$57,152
Myers, Gordon P.
$53,743
$2,219,503
2010
6
$342,357
$38,307
$32,952
Mayberry, Richard A.
$39,846
$1,621,270
2004
12
$412,960
$34,076
$25,525
Zimmerman, Mark S.
$52,747
$1,913,675
2011
5
$287,269
$31,579
$48,703
Hermanson, Ricky A.
$55,987
$1,766,062
2009
7
$345,419
$30,502
$41,683
Inman, Mark R.
$46,051
$1,715,714
2009
7
$295,210
$30,499
$25,416
Moen, Edwin M.
$48,443
$1,706,956
2009
7
$344,485
$29,253
$41,808
Aden, Sandra J.
$34,926
$1,463,682
2012
4
$118,117
$24,882
$22,671
Kedare, Narayan D.
$33,968
$1,013,388
1997
19
$464,503
$24,488
$15,646
Turner, Roberta R.
$25,968
$1,094,717
2004
12
$264,048
$23,426
$17,418
Harrison, Constance A.
$30,795
$1,325,332
2011
5
$130,210
$23,205
$20,266
Penny, Donald E.
$0
$618,356
1987
29
$436,375
$23,058
$12,381
Stegemann, Richard W.
$33,683
$1,168,321
2007
9
$205,252
$22,968
$18,228
Kolata, John D.
$21,305
$815,201
1999
17
$225,589
$22,791
$15,219
Cunningham, Romelle R.
$28,134
$903,661
2001
15
$283,566
$20,994
$14,579
Brereton, Frederic C.
$34,233
$1,212,062
2013
3
$76,891
$20,010
$18,528
Zimmer, Carole Y.
$17,520
$742,394
1998
18
$292,204
$18,667
$12,201
Cornell, Linda C.
$28,022
$803,825
2001
15
$297,240
$17,151
$11,973
Voy, Karin S.
$22,654
$817,367
2010
6
$95,362
$14,734
$12,647
Kemp, Charles D.
$17,429
$526,288
1995
21
$252,728
$14,280
$8,898
Hansen, Steve
$33,792
$911,254
2015
1
$28,119
$14,181
$13,937
Graham, Mary A.
$5,971
$517,785
2003
13
$136,991
$11,392
$8,285
Walter, Patricia L.
$16,808
$621,162
2011
5
$61,121
$10,874
$9,644
Turner, Lori J.
$39,762
$718,594
2010
6
$190,492
$10,777
$28,081
Newcomer, Jean L.
$11,465
$377,693
1998
18
$148,752
$9,493
$6,165
Huffman, Jean E.
$14,656
$447,867
2010
6
$52,268
$8,073
$6,960
Wiebe, Nancy C.
$1,975
$419,856
2012
4
$33,848
$7,138
$6,460
Ohlsen, Matt
$0
$181,559
1986
30
$134,382
$7,081
$3,751
Long, Phillip L.
$9,128
$329,373
2006
10
$64,827
$6,662
$5,125
Liljegren, Carol A.
$11,135
$344,845
2010
6
$40,244
$6,216
$5,359
Benedict, Patricia E.
$9,469
$239,397
2002
14
$69,174
$5,412
$3,811
Zollers, Margaret
$0
$100,154
1972
44
$95,140
$4,868
$2,216
Knox, Lois J.
$6,724
$190,448
2001
15
$59,748
$4,425
$3,084
Walberg, Madeline
$7,411
$257,391
2013
3
$16,344
$4,249
$3,953
Whalen, Francis J.
$0
$103,308
1985
31
$80,264
$4,214
$2,194
Greef, Judith A.
$5,822
$168,575
2007
9
$29,616
$3,314
$2,620
Emry, Joanne C.
$4,703
$120,127
1997
19
$50,687
$3,098
$1,980
Bahling, Robert L.
$4,013
$115,958
1996
20
$52,261
$3,068
$1,935
Canode, Lucille M.
$0
$52,458
1979
37
$49,804
$2,577
$1,248

Projected total collections assume 36 years of retirement.

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