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Friday, April 19, 2024

Here are the 3 former employees of the Village of Cherry Valley receiving the highest annual pension payouts

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Here are the 3 former employees of the Village of Cherry Valley 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
Belt, Nancy L.
$92,483
$2,167,745
2012
4
$174,706
$36,855
$33,277
Schulenburg, Jackie J.
$81,707
$1,889,695
2009
7
$256,342
$35,069
$29,346
Benney, Melanie S.
$16,335
$301,192
2015
1
$9,305
$4,687
$4,618

Projected total collections assume 36 years of retirement.

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