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Friday, November 22, 2024

Here are the 4 former employees of Douglas Township receiving the highest annual pension payouts

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Here are the 4 former employees of Douglas 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
Ping, James R.
$15,084
$828,352
2009
7
$112,395
$15,372
$12,945
Kaufman, Clemens R.
$27,897
$845,259
2013
3
$53,646
$13,954
$12,950
Kinkelaar, Richard J.
$23,783
$778,157
2011
5
$76,586
$13,622
$12,108
Althoff, Donald J.
$7,906
$188,015
2012
4
$27,188
$2,974
$2,704

Projected total collections assume 36 years of retirement.

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