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Monday, November 4, 2024

Here are the 5 former employees of the Village of Rochester receiving the highest annual pension payouts

Money 07

Here are the 5 former employees of the Village of Rochester 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
Beck, Wayne
$187,612
$3,294,890
2015
1
$101,193
$51,283
$49,910
Moore, Jerry G.
$183,555
$2,399,708
2011
5
$235,665
$42,018
$36,537
Groat, Karen A.
$29,162
$617,633
2011
5
$60,734
$10,813
$9,527
Laningham, Richard D.
$17,588
$444,577
2014
2
$20,850
$7,126
$6,803
Groves, John B.
$12,448
$197,192
2008
8
$30,398
$3,772
$3,092

Projected total collections assume 36 years of retirement.

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