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Monday, December 23, 2024

Here are the 5 former employees of Belvidere Township receiving the highest annual pension payouts

Money 04

Here are the 5 former employees of Belvidere 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
Treu, Linda K.
$38,825
$1,786,135
2011
5
$218,546
$30,437
$26,817
Falkenstein, Harold R.
$40,975
$1,560,114
2010
6
$181,865
$28,126
$23,835
Anderson, Sandra K.
$29,965
$1,233,954
2006
10
$242,802
$24,960
$19,424
Elder, John O.
$21,549
$767,074
2010
6
$89,514
$13,827
$11,919
Wendell, John T.
$8,694
$230,387
2002
14
$66,486
$5,211
$3,735

Projected total collections assume 36 years of retirement.

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