Former state school employee Trepanier paid in $163K to teachers' pension fund, could collect $3.46M in retirement
Former state school employee Leila Trepanier, who retired in June 2018, saved $162,558 toward a pension over 34 years working for public schools, Teachers' Retirement System of the State of Illinois records show.
Over 30 years of retirement, Trepanier would collect as much as $3.46 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Trepanier received $72,701 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Trepanier will have already received $224,711 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.