Former state school employee Roberson paid in $39K to teachers' pension fund, could collect $584K in retirement
Former state school employee Deidra Roberson, who retired in June 2018, saved $39,129 toward a pension over 6 years working for public schools, Teachers' Retirement System of the State of Illinois records show.
Over 30 years of retirement, Roberson would collect as much as $583,990, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Roberson received $12,275 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Roberson will have already received $51,353 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.