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Saturday, April 20, 2024

Here are the 2 former employees of Burritt Township receiving the highest annual pension payouts

Money 06

Here are the 2 former employees of Burritt 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
Schumacher, Gary L.
$8,537
$210,422
2013
3
$13,341
$3,474
$3,209
Stockburger, Thomas L.
$6,194
$122,585
2010
6
$14,289
$2,210
$1,873

Projected total collections assume 36 years of retirement.

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