Dupage Policy Journal

Former state school employee Sandra Clapp, who retired in June 2018, saved $115,305 toward a pension over 22 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Clapp would collect as much as $2.06 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Clapp received $43,392 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Clapp will have already received $134,121 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.