Dupage Policy Journal

Former state school employee Sharon McClowry, who retired in February 2018, saved $10,399 toward a pension over 6 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, McClowry would collect as much as $127,157, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes McClowry received $2,672 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, McClowry will have already received $11,179 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.