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Saturday, April 20, 2024

Here are the 4 former employees of the Village of Andalusia receiving the highest annual pension payouts

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Here are the 4 former employees of the Village of Andalusia 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
Stark, Max M.
$46,317
$1,207,388
2012
4
$156,223
$19,438
$32,842
McCannon, Arthur F.
$15,626
$691,779
2003
13
$182,961
$15,222
$11,130
Woeckener, Bonnie G.
$0
$273,709
1992
24
$153,025
$8,256
$4,857
Schroeder, Robert H.
$14,310
$288,347
2000
16
$97,933
$6,880
$4,672

Projected total collections assume 36 years of retirement.

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