Dupage Policy Journal

Former state school employee Patricia Hooser, who retired in June 2018, saved $163,447 toward a pension over 35 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Hooser would collect as much as $3.02 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Hooser received $63,382 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hooser will have already received $195,906 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.