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Dupage Policy Journal

Friday, April 18, 2025

Former state school employee Provost paid in $211K to teachers' pension fund, could collect $4.21M in retirement

Money 06

Former state school employee Carrie Provost, who retired in June 2017, saved $210,996 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, Provost would collect as much as $4.21 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Provost received $88,581 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Provost will have already received $273,794 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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