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Dupage Policy Journal

Thursday, April 3, 2025

Former state school employee Miller paid in $189K to teachers' pension fund, could collect $3.07M in retirement

Money 04

Former state school employee Leslie Miller, who retired in June 2017, saved $189,448 toward a pension over 25 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Miller would collect as much as $3.07 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Miller received $64,521 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Miller will have already received $199,429 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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