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Friday, April 26, 2024

Here are the 6 former employees of Wilmington Township receiving the highest annual pension payouts

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Here are the 6 former employees of Wilmington 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
Moore, Stephen A.
$52,337
$2,168,486
2013
3
$137,829
$35,795
$33,454
Lombardi, Nicholas C.
$3,176
$299,702
1993
23
$176,191
$7,678
$4,578
Cairns, Terrie A.
$10,630
$312,868
2013
3
$19,857
$5,165
$4,793
Lardi, Robert J.
$10,655
$304,570
2013
3
$19,331
$5,028
$4,666
Peavler, Robert W.
$1,470
$114,893
2006
10
$22,608
$2,324
$1,809
Lombardi, Donna R.
$264
$12,096
1995
21
$9,127
$155
$95

Projected total collections assume 36 years of retirement.

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