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Tuesday, April 23, 2024

Here are the 4 former employees of the City of Sumner receiving the highest annual pension payouts

Money 03

Here are the 4 former employees of the City of Sumner 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
Lents, Richard E.
$40,008
$999,855
2013
3
$63,580
$16,504
$15,460
Pargin, Harold D.
$27,420
$526,816
2010
6
$73,345
$9,254
$8,012
Curtis, Walter R.
$14,655
$302,357
1999
17
$145,815
$6,051
$4,006
Waldrop, Ivan D.
$0
$142,055
1992
24
$79,491
$4,280
$2,495

Projected total collections assume 36 years of retirement.

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