Dupage Policy Journal

Former state school employee Pamela Neuner, who retired in January 2017, saved $262,932 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, Neuner would collect as much as $4.98 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Neuner received $104,613 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Neuner will have already received $323,348 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.