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Sunday, December 22, 2024

Here are the 6 former employees of the City of Lexington receiving the highest annual pension payouts

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Here are the 6 former employees of the City of Lexington 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
Johnson, Michael L.
$110,753
$3,246,040
2008
8
$504,073
$62,009
$50,007
Thomas, Douglas B.
$44,269
$1,865,820
2006
10
$364,280
$37,813
$29,369
Lyons, Theodore V.
$31,602
$1,072,661
2011
5
$105,594
$18,777
$16,728
Quinley, Margaret J.
$23,890
$1,106,522
2013
3
$70,062
$18,270
$16,761
Thrasher, Karl D.
$29,349
$716,902
2005
11
$188,155
$14,080
$10,748
Joyce, William T.
$8,508
$408,481
1997
19
$172,412
$10,532
$6,709

Projected total collections assume 36 years of retirement.

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