Dupage Policy Journal

Former state school employee Annalise Fischer, who retired in June 2016, saved $200,912 toward a pension over 34 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Fischer would collect as much as $4.23 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Fischer received $88,955 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Fischer will have already received $274,952 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.