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Kankakee Times

Tuesday, November 5, 2024

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

Money 05

Here are the 3 former employees of Limestone 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
Meents, Edwin W.
$16,431
$642,315
2005
11
$140,419
$13,365
$10,144
Vanallen, Kathleen R.
$11,974
$339,172
2015
1
$10,417
$5,279
$5,138
Grosso, George P.
$4,349
$165,853
2013
3
$10,526
$2,738
$2,541

Projected total collections assume 36 years of retirement.

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