Former state school employee Daudelin paid in $10K to teachers' pension fund, could collect $212K in retirement

Former state school employee Elizabeth Daudelin, who retired in June 2017, saved $9,698 toward a pension over 8 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Daudelin would collect as much as $212,142, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Daudelin received $4,459 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Daudelin will have already received $13,783 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.