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Friday, November 22, 2024

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

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Here are the 4 former employees of Chemung 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
Nolan, Robert E.
$22,378
$767,676
2014
2
$35,876
$12,307
$11,610
Swenson, Thomas D.
$16,090
$549,933
2014
2
$25,775
$8,815
$8,396
Stoxen, Robert A.
$8,886
$257,552
1992
24
$143,928
$7,773
$4,593
Stoxen, Elzora L.
$3,602
$102,031
2005
11
$22,306
$2,123
$1,611

Projected total collections assume 36 years of retirement.

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