Dupage Policy Journal

Former state school employee Georgiann Foley, who retired in January 2017, saved $54,446 toward a pension over 13 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Foley would collect as much as $961,164, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Foley received $20,202 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Foley will have already received $62,442 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.