Dupage Policy Journal

Former state school employee Christine Coburn, who retired in May 2016, saved $113,159 toward a pension over 36 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Coburn would collect as much as $2.96 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Coburn received $62,181 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Coburn will have already received $126,227 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.