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Monday, November 4, 2024

Here are the 2 former employees of Cartwright Township receiving the highest annual pension payouts

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Here are the 2 former employees of Cartwright 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
Hand, Samuel L.
$32,789
$1,473,563
2007
9
$258,866
$28,969
$23,175
Spicer, Leo L.
$8,199
$254,965
2014
2
$12,003
$4,086
$3,948

Projected total collections assume 36 years of retirement.

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