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Will County Gazette

Thursday, April 25, 2024

Here are the 8 former employees of the Village of Monee receiving the highest annual pension payouts

Money 04

Here are the 8 former employees of the Village of Monee 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
Wolf, Ronald G.
$59,217
$2,831,194
2011
5
$278,099
$49,572
$43,200
Schmidt, John S.
$37,743
$1,385,598
2009
7
$188,004
$25,713
$21,653
Buchmeier, Kathleen M.
$31,082
$1,173,635
2009
7
$159,222
$21,780
$18,265
Gall, Edward F.
$27,010
$729,798
1996
20
$362,069
$17,712
$11,192
Shaw, Ercole F.
$27,447
$722,557
2011
5
$71,099
$12,649
$11,219
Craig, Terry
$19,915
$543,993
2010
6
$63,473
$9,806
$8,435
Hires, Barbara J.
$17,824
$419,035
2010
6
$48,869
$7,554
$6,443
Harrington, Sandra J.
$1,851
$51,481
2000
16
$17,467
$1,229
$845

Projected total collections assume 36 years of retirement.

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