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Macon Reporter

Thursday, November 21, 2024

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

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Here are the 4 former employees of South Wheatland 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
McKinney, Donald Otto.
$23,678
$707,819
1999
17
$258,968
$17,350
$11,684
Jacobs, Mervil G.
$21,760
$603,077
2015
1
$18,742
$9,383
$9,359
Peterson, Earl H.
$18,429
$484,355
2013
3
$30,741
$7,996
$7,421
Tate, Audrey D.
$0
$58,409
1985
31
$45,383
$2,382
$1,242

Projected total collections assume 36 years of retirement.

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