Former state school employee Potocki paid in $173K to teachers' pension fund, could collect $4.13M in retirement
Former state school employee Barbara Potocki, who retired in June 2017, saved $173,298 toward a pension over 41 years working for public schools, Teachers' Retirement System of the State of Illinois records show.
Over 30 years of retirement, Potocki would collect as much as $4.13 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Potocki received $86,704 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Potocki will have already received $176,009 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.