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Sunday, November 24, 2024

Here are the 3 former employees of Hollis Township receiving the highest annual pension payouts

Money 03

Here are the 3 former employees of Hollis 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
Kettering, William E.
$35,689
$1,386,152
2013
3
$87,768
$22,887
$20,997
Allen, Dwayne R.
$6,549
$189,502
2008
8
$29,430
$3,620
$2,931
Krause, James O.
$473
$34,775
1998
18
$13,673
$875
$575

Projected total collections assume 36 years of retirement.

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