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Wednesday, April 24, 2024

Here are the 11 former employees of the City of Arcola receiving the highest annual pension payouts

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Here are the 11 former employees of the City of Arcola 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
Clair, Shane R.
$69,721
$2,387,816
2012
4
$192,634
$40,593
$36,903
Logan, Jackie L.
$52,090
$2,433,722
2014
2
$114,225
$39,008
$37,328
Hansen, Roger D.
$51,608
$2,316,033
2014
2
$108,622
$37,123
$35,439
McLane, Matthew A.
$54,592
$2,051,897
2014
2
$130,915
$32,306
$48,998
Brandenburg, Philip E.
$63,573
$1,774,694
2010
6
$271,047
$30,685
$26,005
Reed, Roy P.
$38,482
$931,584
2008
8
$144,665
$17,796
$14,352
Crouse, Sherry J.
$16,868
$626,986
2008
8
$97,377
$11,977
$9,738
Lambeth, Kenneth D.
$12,045
$488,276
2009
7
$66,256
$9,061
$7,646
Anderson, Rita M.
$17,396
$512,904
2014
2
$24,126
$8,220
$7,923
Morris, James L.
$4,134
$192,785
2001
15
$26,906
$5,616
$3,921
Bumgarner, Eric H.
$14,057
$305,687
2012
4
$24,644
$5,197
$4,703

Projected total collections assume 36 years of retirement.

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