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Dupage Policy Journal

Saturday, June 21, 2025

Former state school employee Odom paid in $163K to teachers' pension fund, could collect $3.37M in retirement

Money272

Former state school employee Kathleen Odom, who retired in June 2016, saved $163,050 toward a pension over 28 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Odom would collect as much as $3.37 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Odom received $70,783 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Odom will have already received $218,782 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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