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Friday, April 19, 2024

Here are the 3 former employees of the City of Elmwood receiving the highest annual pension payouts

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Here are the 3 former employees of the City of Elmwood 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
Yoakum, Harry G.
$38,259
$1,830,377
2005
11
$400,207
$38,084
$28,797
Naumann, Dotty S.
$23,061
$821,320
2013
3
$52,229
$13,557
$12,700
Garcia, Henry J.
$8,601
$200,816
2012
4
$16,194
$3,414
$3,096

Projected total collections assume 36 years of retirement.

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