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East Central Reporter

Tuesday, November 5, 2024

Here are the 3 former employees of Lafayette Township receiving the highest annual pension payouts

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Here are the 3 former employees of Lafayette 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
Hamilton, John M.
$22,494
$753,194
2014
2
$35,249
$12,074
$11,444
Miller, Susan F.
$2,890
$101,232
2003
13
$49,388
$1,551
$1,116
Seaman, Duane E.
$1,083
$57,394
2003
13
$15,176
$1,263
$927

Projected total collections assume 36 years of retirement.

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