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Saturday, April 20, 2024

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

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Here are the 3 former employees of the Village of New Berlin 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
Rector, Keith A.
$33,942
$1,445,587
2006
10
$284,517
$29,239
$22,491
Sperry, Paul E.
$23,684
$970,419
2004
12
$264,461
$19,909
$14,914
Sweet, Marsha J.
$6,284
$426,225
2002
14
$123,114
$9,637
$6,822

Projected total collections assume 36 years of retirement.

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