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Wednesday, April 24, 2024

Here are the 6 former employees of the Village of Rockdale receiving the highest annual pension payouts

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Here are the 6 former employees of the Village of Rockdale 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
Hartseil, Timothy W.
$93,396
$4,437,675
2016
< 1
$69,041
$69,041
$69,041
Ferone, Joseph S.
$95,266
$2,925,940
2011
5
$408,846
$48,873
$69,225
Wolz, Ralph E.
$0
$432,998
1986
30
$320,582
$16,873
$8,892
Wallish, Robert
$19,925
$643,103
1998
18
$253,085
$16,172
$10,587
Baum, Richard W.
$30,152
$826,856
2010
6
$96,520
$14,904
$12,904
Zivaly, Robert S.
$27,817
$633,290
1998
18
$298,813
$13,869
$9,079

Projected total collections assume 36 years of retirement.

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