Dupage Policy Journal

Former state school employee Linda Perlini, who retired in May 2018, saved $145,068 toward a pension over 26 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Perlini would collect as much as $2.93 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Perlini received $61,681 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Perlini will have already received $190,649 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.