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Saturday, November 2, 2024

Here are the 3 former employees of Princeton Township receiving the highest annual pension payouts

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Here are the 3 former employees of Princeton 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
Vetter, Larry M.
$30,961
$1,532,118
2011
5
$150,660
$26,823
$23,633
Allicks, Artemis G.
$10,667
$882,714
2000
16
$299,764
$21,063
$14,329
Gross, Virgil L.
$4,443
$140,156
2009
7
$19,013
$2,601
$2,172

Projected total collections assume 36 years of retirement.

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