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Dupage Policy Journal

Thursday, June 5, 2025

Former state school employee Bray paid in $111K to teachers' pension fund, could collect $2.31M in retirement

Money 05

Former state school employee Deborah Bray, who retired in June 2016, saved $111,226 toward a pension over 21 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Bray would collect as much as $2.31 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Bray received $48,616 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Bray will have already received $150,266 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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