Dupage Policy Journal

Former state school employee Mahjoub Hilali, who retired in May 2016, saved $163,014 toward a pension over 20 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Hilali would collect as much as $2.67 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Hilali received $56,019 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hilali will have already received $173,150 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.