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Former state school employee Bruns paid in $26K to teachers' pension fund, could collect $827K in retirement

Schools

By Local Labs News Service | Jun 1, 2017

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Former state school employee Teresa Bruns, who retired in May 2017, saved $25,937 toward a pension over 11 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Bruns would collect as much as $827,446, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Bruns received $17,392 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Bruns will have already received $35,306 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Hinsdale Township High School District 86

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