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Saturday, November 23, 2024

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

Money759

Here are the 3 former employees of Rantoul 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
Schmidt, Kenneth T.
$31,469
$2,254,851
2012
4
$181,669
$38,337
$34,538
Fiedler, James F.
$37,068
$1,379,902
2010
6
$161,058
$24,873
$21,489
Cundiff, Cody P.
$5,953
$154,874
2009
7
$21,016
$2,874
$2,430

Projected total collections assume 36 years of retirement.

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