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Wednesday, April 24, 2024

Here are the 3 former employees of the Village of Divernon receiving the highest annual pension payouts

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Here are the 3 former employees of the Village of Divernon 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
Rhodes, Larry D.
$58,208
$1,969,037
2015
1
$60,902
$30,640
$30,262
Adcock, David A.
$39,689
$1,360,208
2016
< 1
$21,162
$21,162
$21,162
Knecht, Nancy J.
$12,356
$300,632
2006
10
$59,158
$6,081
$4,733

Projected total collections assume 36 years of retirement.

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