Quantcast

Dupage Policy Journal

Thursday, June 5, 2025

Former state school employee Brown paid in $113K to teachers' pension fund, could collect $2.28M in retirement

Shutterstock 225154648

Former state school employee Don Brown, who retired in June 2016, saved $112,640 toward a pension over 20 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Brown would collect as much as $2.28 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Brown received $47,891 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Brown will have already received $148,027 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS