Dupage Policy Journal

Former state school employee Laurie Quigley, who retired in February 2018, saved $6,505 toward a pension over 3 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Quigley would collect as much as $242,463, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Quigley received $5,096 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Quigley will have already received $10,345 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.