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Saturday, April 20, 2024

Here are the 10 former employees of Venice Township receiving the highest annual pension payouts

Money 07

Here are the 10 former employees of Venice 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
Nighohossian, Casper S.
$52,942
$3,042,950
2003
13
$805,349
$66,941
$48,420
Papa, Louise B.
$39,785
$2,379,412
2008
8
$369,577
$45,452
$37,256
Schiller, Dorothy A.
$19,900
$831,883
2004
12
$200,744
$17,799
$13,112
Lockett, Lenora
$24,080
$1,091,157
2013
3
$104,222
$17,397
$16,034
Fisk, Fannie H.
$16,264
$701,087
2003
13
$185,383
$15,428
$11,323
Fay, Lawrence L.
$18,900
$606,584
2002
14
$175,271
$13,713
$9,657
Essington, Richard G.
$868
$467,694
2008
8
$72,643
$8,934
$7,294
Starr, Jacqueline M.
$8,016
$296,757
1993
23
$158,769
$8,578
$5,076
McGarrahan, William J.
$3,128
$71,732
1993
23
$38,353
$2,075
$1,235
Gray, Marion E.
$2,272
$68,804
1995
21
$33,076
$1,865
$1,150

Projected total collections assume 36 years of retirement.

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