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Peoria Standard

Monday, November 4, 2024

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

Money759

Here are the 3 former employees of Hale 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
Larson, Wendell H.
$0
$593,072
1990
26
$363,387
$19,452
$11,068
Carlson, Joseph S.
$1,114
$91,023
2014
2
$4,268
$1,459
$1,393
Barta, Gerelyn W.
$941
$40,724
2007
9
$10,408
$723
$573

Projected total collections assume 36 years of retirement.

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