Dupage Policy Journal

Former state school employee Sandra Kerr, who retired in May 2018, saved $13,185 toward a pension over 9 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kerr would collect as much as $189,837, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Kerr received $3,990 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Kerr will have already received $16,693 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.