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Lake County Gazette

Thursday, April 25, 2024

Here are the 5 former employees of the Village of Hawthorn Woods receiving the highest annual pension payouts

Money 02

Here are the 5 former employees of the Village of Hawthorn Woods 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
Bassett, James E.
$42,873
$1,807,151
2009
7
$245,105
$33,538
$27,948
Richey, Karen A.
$39,655
$1,441,077
2015
1
$44,414
$22,427
$21,987
Caine, Nancy J.
$46,894
$1,355,254
2015
1
$41,917
$21,089
$20,828
Vinson, Phyllis L.
$14,654
$606,216
2008
8
$94,162
$11,580
$9,511
Krischke, James S.
$13,957
$665,728
2012
4
$53,621
$11,319
$10,175

Projected total collections assume 36 years of retirement.

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