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Will County Gazette

Wednesday, April 24, 2024

Here are the 9 former employees of New Lenox Township receiving the highest annual pension payouts

Money 03

Here are the 9 former employees of New Lenox 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
McCollum, William P.
$40,695
$1,681,557
2007
9
$295,405
$33,058
$26,446
Sell, Guy A.
$102,720
$1,190,443
2005
11
$260,254
$24,770
$18,801
Pearce, Christina A.
$47,294
$1,546,772
2015
1
$47,728
$24,071
$23,657
Giffin, Gary D.
$57,027
$1,313,002
2013
3
$83,375
$21,675
$20,163
Resutko, Pamela J.
$51,105
$657,251
2005
11
$143,676
$13,676
$10,400
Boyd, Sharon
$13,073
$280,067
2008
8
$43,496
$5,350
$4,332
Loverude, Russell H.
$1,824
$52,239
2012
4
$4,218
$888
$810
Kaupas, Barbara E.
$1,607
$40,954
2013
3
$2,604
$676
$633
Boban, Martin J.
$1,607
$34,835
2013
3
$2,215
$575
$540

Projected total collections assume 36 years of retirement.

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